[QUOTE]EarlzP;1059830547]Did you ever take a civics class? Congress appropriates the money and that Congress was controlled totally by Democrats in 2007-2011 which seems to have escaped you. Fiscal year of the U.S. runs from October to Sept. and Bush debt was 10.6 trillion including two of those years with Democrats spending the money, 2007-2008. Today that debt is 14.6 trillion meaning that Obama has added 4 trillion in less than 3 years. Bush took office with a 5.7 trillion debt so his Administration is responsible for 4.9 trillion in 8 Years. Get it yet?
Like all conservatives well lets say most I don't want to get into stero typing but you do have a way of cherry picking your facts, I am wrong again you just make up or maybe stretch the truth a little so when Ptresident Obama took office the national debt was at
almost 10 trillion dollars is that 10,000,000,000,000 ???? Holy conservative help us oh wait a minute you are too busy helping your selves to help us, oh pardon my reading conprehension it looks like the national debt might a been around 11 trillion before President George you know who Bush left office
Bush Administration Adds $4 Trillion To National Debt - - CBS News
Still waiting for you to prove your claim that your tax dollars were used to move companies overseas?Pro business policies? that's what we need must a be a new invention some thing never though of during the President George you know who Bush years? My tax dollars being used for American companies to move overseas so that the rich stock holders can have a product being made in the USA for 10 dollars and being sold for 30 dollars made in China for 1 dollar and sold in America for 20 dollars.
You worked in the private sector? How did tax dollars benefit your company? You don't seem to understand the difference between the private sector and the public sector.You know before I retired I worked for a major chemical company about 5 years before I retired they sent a mechanical and chemical engineer to China to teach them how to produce the product we made, a year later they pulled all of management together to explain their new business stragedy which was to raise our product pricing to the highest cost per in the world market. They wanted us to believe that our competitors would follow our stragedy, you know I wondered if our CEO and company board members had actually lost their f-ing minds two years later we were out of business. This is the problem that I see in China the government subsidizes their businesses allowing them to undercut the pricing of foreign competition. Being in business and staying in business means beating your competitor in the market place, once a competitor has closed up shop the price per unit reflects the potential supply of that unit. Being competitive means supplying the best product available at the best price in the market for instance the american auto industry CEO's and board members forgot that they had to do more then stamp made in the USA on their vehicles they forgot they had to be dependable and they forgot they had to get good GPM but what the devil they could just blame the UAW for their inability to maintain market share.
There you go again speculating on something you know nothing about. I retired 7 years ago so try not to speculate too much as you aren't good at it.It's you smart make that some of you smart a-- college grads that have no idea of how to maintain market share, any high school grad knows that you have to be competitive to stay in business.
Again, you have a tendency to pass off your opinions as fact. Interest on the debt is tied to the record low interest rates we have today so here is what the Treasury Dept. shows as interest over the past 4 years. So stop making a fool of yourself and get the factsCome on college grad quit double talking did Obama cause this debt or was it the New Deal or Great society, let me ask you some thing what is the daily accumulated interest on 10 trillion dollars? Whoa golly gee look at that on a 10 trillion dollar debt the yearly interest is 451 billion are you reading that 451 billion so lets just say that President Obama has completed his third year the interest in the debt he inherited would be ----------------------- 1,353,000,000,000 trillion? so without spending a cent the debt went from 10 trillion to 11.3 trillion is that right?
Net Interest 196.9 190.9 252.8 237.9
Yes, salaries and bonuses affect company profits not taxpayer expenses. Don't buy from companies that you don't think give you value for your dollars. You are so right though companies want to overcharge for their products so that they can lose business and eventually go out of business. That must be that street smarts you are talking about?The salaries and bonuses of CEO'S effect the price per unit taking money out of the hands of the majority of american consumers, when massive amounts of money are concentrated in the hands of a few market demand drops meaning that workers are laid off reducing revenues paid, please do not believe that it takes a doctrate in Economics to see what is going on, Do you have a degree in BSing, if so you have failed the course.
Still waiting for you to prove that those evil rich people made the poor and middle class poorer? our country is in a terrible economic mess due to the ignorance and class envy by far too many who believe in the entitlement mentality.I do not need data common sense verifies my points our country is in a terrible economic mess and the ones that have benefited from it are those in the top 20% of wealth
You are right, I just don't get it. I should be like many in this country expecting the govt. sending me taxpayer dollars so I don't have to take personal responsibility for my own choices. For some reason you seem to believe that I should be taking care of you. Where did you get that idea?I would like to think that you just don't get it but you do and now in your greed all you can see is that their is still 7% of this countries wealth to be sucked up to the top, take your money and run with it because 2012 is coming quicker then you think