Deficits are Bad, but the Real Problem is Spending
December 252009
Huge deficits and skyrocketing debt levels are creating considerable worry. This Center for Freedom and Prosperity Foundation video explains that that government borrowing is excessive – and will get worse in coming decades. But this mini-documentary explains that deficits and debt are merely the symptoms, and a rising burden of government spending is the real problem.
Duration : 0:5:53
[youtube n9kEmZB5luM]
December 25th, 2009 at 4:41 pm
IDIOTS4OBAMA COM
IDIOTS4OBAMA COM
December 25th, 2009 at 4:41 pm
The current crop of …
The current crop of politicians, banksters and bureaucrats know that the financial system is going to collapse eventually and are therefore positioning themselves to make off with as much of the American peoples’ money as possible before it does so.
December 25th, 2009 at 4:41 pm
Your right. When …
Your right. When the western democracies declared war on Germany for its’ invasion of Poland, Hitler turned on his generals and asked “what do I do now?”, as he believed no one would declare war on behalf of Poland, a country he so desperately wanted as an ally in his invasion of the USSR. So, in order to protect his western flank, France and the minor countries had be invaded. America’s only legitimate fight would have been with the Japanese.
December 25th, 2009 at 4:41 pm
I can’t spend mouch …
I can’t spend mouch money anymore so maybe the goverment can slow down also.
December 25th, 2009 at 4:41 pm
it was a mistake …
it was a mistake for the US to enter both of the World Wars. In fact, had the US not intervened in WWI, the treaty of Versailles would not have been so harsh and the Nazis’ rise to power could have been averted. Another thing about WWII, we should have let the Nazis and Soviets fight it out instead of backing the murderous dictator, Stalin.
December 25th, 2009 at 4:41 pm
Excellent analysis.
Excellent analysis.
December 25th, 2009 at 4:41 pm
They are living …
They are living beyond their means, just like those millions of Americans that are suffering right now. We all know how that ends up.
December 25th, 2009 at 4:41 pm
Bush? Bush is a …
Bush? Bush is a piker. Take a look at this:
Google: “CNN bailout tracker”
It doesn’t count the $1.1 Trillion we just spent on 10 new govt agencies this week; $155 “Jobs” Stimuls – also this week; Fed Govt buying $1 Trillion in student loans a month ago; Take over of healthcare; Plus all the debt from a economy where no1 is hiring & economic activity is stalling = budget shortfalls
Research Cloward-Piven; Alinsky; John Maynard Keynes currency quotes;
Its a classic Leninist revolution
December 25th, 2009 at 4:41 pm
I’ve got news for …
I’ve got news for you.. FDR is STILL spending money – Social Security + Medicare + Federal & State Pensions now have over $107 TRILLION in unfunded liabilities
WW2 left USA in great position – every industrial competetor was lying in smoking ruins + Europe lost an entire generation of workers. Our resources & industries let us spring into a lead no could catch
But now? We’ve gone from the worlds largest creditor to the worlds largest debtor in 1 generation & Only option is2 default
December 25th, 2009 at 4:41 pm
Excellent as always!
Excellent as always!
December 25th, 2009 at 4:41 pm
Well whatever the …
Well whatever the case may be go out this holiday and buy a new car and soem jewelry or the terrorists win! The fact that all the jobs are overseas and America produces nothing but debt may also be a part of the problem. That and lazy Americans accepting whatever the upper 1% lets drop out of their hands without saying a word, just keep humping that american dream folks, you will be rich and the country will be in great shape just keep getting unemployment and waiting for it to end
December 25th, 2009 at 4:41 pm
What a cute chick …
What a cute chick and she is almost as naked as I am on my channel
December 25th, 2009 at 4:41 pm
WW2 was paid for …
WW2 was paid for through high taxes and 85 million Americans who bought 167 billion in war bonds. People saved their money during the war because they could not spend it. After the war taxes were lowered and people could then buy cotton, leather, wool, automobiles and on and on.
FDR spent huge amount of money that kept us in the depression 8 years longer then should have been. We are making the same mistake.
December 25th, 2009 at 4:41 pm
i thought the us is …
i thought the us is waiting for the usd value to drop so that we pay less for the debt we owed. i mean think about it, u owed somebody 1 pound of gold, then u pay him back with 1 pound of silver. thats wat the us government is thinking, we owe 800 billion dollars or sumthing, but by the time we pay the 800 billion back, that 800 billion is worth 400 billion as of the value now rite now. smart the politicians, so bush isnt quite that stupid, hes a smart ass
December 25th, 2009 at 4:41 pm
Exactly, and the …
Exactly, and the only true “class war” is between the producer class and the looter class. Between the people who create value, and the people who only take it away.
December 25th, 2009 at 4:41 pm
Very good video, as …
Very good video, as always. (And your production value is improving!)
December 25th, 2009 at 4:41 pm
This is why there …
This is why there is two Americas. One wants to preserve the traditional America of free markets and low taxes, the other wants a command economy, for which government spending is a feature, not a bug.
December 25th, 2009 at 4:41 pm
Great video
Great video
December 25th, 2009 at 4:41 pm
very good video! …
very good video! Thank you!