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Politics : Foreign Affairs Discussion Group

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To: geode00 who wrote (163994)	6/10/2005 3:54:21 PM
From: Maurice Winn	Read Replies (2) of 281500

The government borrows it because they are the entity wanting to borrow. <Adding $356 BILLION to the national debt is actually noticeable. Subtracting $356 BILLION from our expenditures is actually noticeable as well. Therefore, it is a big deal. > Being noticeable and being a big deal are two different things. I notice a LOT of things, nearly all of which are NOT a big deal. $356 billion is noticeable on an overall USA basis. Out of the total spending in the USA, it's not a big deal. It's only a little over $1,000 per person. Which isn't much compared with the $40,000 GDP per person. If all people, businesses, government departments etc cut 5% from their spending, that would cover it. They can easily cut 5% from their spending and not even notice it. They like spending, so won't do that. But notice that limitations are kicking in - the problem with getting soldiers hired is limiting the number of new wars the self-proclaimed War President can start. The pay rate to attract them to risk being shot or bombed during wartime goes up [not surprisingly]. It's great fun being in the army/navy/airforce when nobody is shooting at you. Mqurice

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