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Daive521 said:Think the Mayans will be right in a years time, one way or another?
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TKD said:... how america have got away with their spending for all this time I'll never know!!! and obama goes on about how they're americans and because of that theyll pull through easily cos they always do- god showerofshites!!! to think that they are pretty much world leaders in all
#-O
ChicagoSoccer said:
TKD said:... how america have got away with their spending for all this time I'll never know!!! and obama goes on about how they're americans and because of that theyll pull through easily cos they always do- god showerofshites!!! to think that they are pretty much world leaders in all
#-O
It all dates to when Ronald Reagan became president in 1981, and he decided to cut taxes but not cut spending, deciding that deficits don't matter. Politically, apparently they don't. It's free money. We vote for politicians who promise us something for nothing.
The first President George Bush took a political hit for raising taxes - he got voted out in 1992 - but the American economy benefitted from that tax increase and, under Bill Clinton, who was lucky his predecessor raised taxes but had to good sense not to blow it - the government was solvent for a decade. Then George W. Bush gave it all away with two big tax cuts for the wealthy and a couple of wars that were not paid for, and what do we have to show for it?
The only reason we aren't sunk yet is because our economy is so big, compared to Portugal, Ireland and Greece, that it takes a lot to move it up or down. But we are in trouble in our economy, especially because we are losing our manufacturing base. If you don't have jobs, who pays the taxes? Are we all going to be working at Target for $9 an hour? Who will buy all the cheap crap from China then? Or the oil from the Middle East?
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Daive521 said:And to think it should still belong to the Native Indians. The Current 'Americans' will Reap what they Sowed!
fizzbomb said:
Daive521 said:And to think it should still belong to the Native Indians. The Current 'Americans' will Reap what they Sowed!
But the British Empire was just give give give, I don't think so.
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