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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (230414)5/9/2007 4:36:56 PM
From: geode00  Read Replies (2) | Respond to of 281500
 
MichaelNutcase, you know nothing about the economics of this country. You understanding is simplistic and shallow. This is the first generation that has more risk, and expectation of lower reward than its parents. This is due to the theft and greed and incompetence that is Regan-Bushinomics.

If you could use a calculator, you would find that our national debt is up some 60% and Congress will have to raise the debt ceiling because you idiots keep adding $1T every two years or so. In addition, the US is borrowing just to keep up current consumption. The TRADE deficit is big and growing which is even more worrisome than the FISCAL deficit.

The biggest asset most families have is their home. Ask those who are trying to get out from under their insane adjustable, negatively amortized, adjusts every month, 750% of income mortgage on a house that is DEPRECIATING just how wealthy they feel.

BigOil is a blight on this country as is every nimrod in a Hummer, Suburban or mega RV. It's disgusting.

Instead of strengthening the US of A, you guys are destroying it bit by bit.