Originally Posted by jayjacobson
Maybe change Democrats to Republicrats?
Jay as you proberly know:
If I am the tressuary and I have 1000 million dollars (let us make it simple)
then I give out 250 million for the cost wars that we fight
then 750 millions in taxcuts
then 700 million for more budgets like rest og Pentagon
then 1000 million for wages to public servicemen
then etc.. ending up with a high inflation becouse the money that is over the income is loans.
Then you know that this have to be paid back, just like a bank. And how does banks take money back? They increase the interest rate (Read: more taxes) they put extra charge on using the bank services etc (Read more fees etc.)
If you are very insolvent, the banks forclose on you and sell the property to highest bidder (Read: They make adjustments to devaluate dollar to increase trade and more trade in order to get more money and investments)
Conclutions is that every time someone will loose.
Now if we look at the last 3 US presidents with huge defecits and the single Democrat president who had to clean up after the two before him where the defecit and debt was enormeus, then we can ask ourselves who`s foult is it?
Just imagine what the cost will be after this president?
He leaves more debt behind him then all the other presidents combined!
I am quite baffeled that the republicans cant see that!
I forgot to say that I am from now on trying to avoid debates about religion and politics.
Time to cool down