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Is the US government fiscally retarded?

Is the US government fiscally retarded?

  • YES

    Votes: 14 87.5%

  • NO

    Votes: 1 6.3%

  • What does fiscally mean?

    Votes: 1 6.3%
  • Total voters
    16
Of course they are, they spend money like it's going out of style and never stop to consider the consequences. They don't know where the money is supposed to come from, nor do they care, they just spend, spend, spend, spend.
 
They are like spoiled teenagers with money given to them to spend it wisely on things they need. They waste it on useless crap and then go back to you asking you for money to buy a pair shoes or a pair pants even though the money you gave them was enough to cover those things.
 
Like today when I saw on the morning news they were coming out with new pennies to commemorate Lincoln's 200th birthday. For one we already commemorate him- with his image that is on the penny. For another it costs more to make pennies than they are worth so spending more money to make new pennies and new plates to make them is simply retarded. :doh
 
americanwoman said:
Like today when I saw on the morning news they were coming out with new pennies to commemorate Lincoln's 200th birthday. For one we already commemorate him- with his image that is on the penny. For another it costs more to make pennies than they are worth so spending more money to make new pennies and new plates to make them is simply retarded. :doh
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A penny saved is not a penny earned.

For awahile there the copper in a penny was worth more than the penny itself:shock:
 
Our government is too large, has too many programs, has too many agencies, has too much bureaucracy, and has way way way too much power. There is no way in hell that the current incarnation of our government could ever behave in any fiscally responsible manner.
 
winston53660 said:
A penny saved is not a penny earned.

For awahile there the copper in a penny was worth more than the penny itself:shock:
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Cent (United States coin) - Wikipedia, the free encyclopedia
1793–1857 copper
1857–1864 88% copper, 12% nickel (also known as NS-12)
1864–1942 bronze (95% copper, 5% tin and zinc)
1943 zinc-coated steel (also known as steel penny)
1944–1946 brass (95% copper, 5% zinc)
1946–1962 bronze (95% copper, 5% tin and zinc)
1962–1982 brass (95% copper, 5% zinc)
1982– present 97.5% zinc core, 2.5% copper plating



Cent (United States coin) - Wikipedia, the free encyclopedia
Both the US cents before 1982 and all US nickels have a metal content at market worth more than face value of the coins. As of December 16, 2008, the US nickel has $0.06013 in metal content; all circulating US nickels carry a 20.3% premium over face value in metal content metal at market prices. The intrinsic value of pre-1982 US cents, weighing 3.11 grams, are worth $0.02414, 141.4% above face value in metal content at market prices. However, post-1982 US cents, which weigh 2.5 grams, are 97.5% zinc and 2.5% copper (coated over the zinc) by weight. These have an intrinsic value of $0.00508 as of June 13, 2008, or 49.2% less than face value.

According to the US Mint, the costs of producing and shipping one-cent (penny) and 5-cent (nickel) coins during fiscal year 2007 were $0.0167 per cent and $0.0953 per nickel.[10]
 
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Government is fiscally retarded only if the free market is Helen Keller.

Yes it has its limitations, but the miracles it accomplishes are unexplainable. Our elected federal officials are just "born dumb" when it comes to handling money...
 
americanwoman said:
Do you think our government is fiscally retarded? Or is it just me that does?
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It's not just you. They are worse with money than any entity or person I have ever known.
 
I would say NO. There is an agenda hidden behind the apparent 'retardation'... there is a consolidation of wealth that is being stolen from us right before our eyes.

The end desired result is to make slaves of us all.... These guys KNOW that throwing money on the problem is ONLY going to make it worse. The only 'ways out' are going to be the presented world bank whose power supercedes even the US and/or a massive global conflict. As I've said elsewhere, the only thing that is certain is that the 'status quo' is about to expire.
 
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