Spending.

October 15, 2008 at 10:34 pm (Uncategorized)

America is going through a trend of raising minimum wage, inflating of our dollar and big spending to bail out companies and banks that are failing. Amidst all this mass spending and spiral into debt we have two new candidates that both seem well prepared to send us into more debt. I don’t know about the rest of America but the national debt is sky rocketing. When I turn on the TV or read an article, most of the time… if not 99% its how we can spend money and in what way to fix said problem.

The question being, shouldn’t we be looking at the fact we owe over 10 Trillion dollars is concerning. Some food for though (Thank-you www.brillig.com). We owe over 10 trillion, there is about 304 billion US citizens. That means in order to bail the government out of its spending hole, we each would have to give the US, 33,772 dollars… just to break even.

I think we should go and look at the fact that America is sliding into a massive debt slide. Instead of candidates spouting out how we can spend money… perhaps the US should be looking into saving and balancing the worth of our dollar. Honestly… everyone needs to realize this debt isn’t going to just go away. There needs to be a voice of realization… more debt, less worth… wonder why our economy is so poor?

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