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Old 04-27-2007, 08:59 AM   #1 (permalink)
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U.S. National Debt
Interesting when you see it graphically...



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Old 04-27-2007, 09:26 AM   #2 (permalink)
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That is scary.
The government estimates must be based on the assumption that our next Presidents will continue to use the current ecomonic structure.
Change is needed. Hopefully we'll get it.
Politics, it seems to me, for years, or all too long, has been concerned with right or left instead of right or wrong. ~Richard Armour

There are many men of principle in both parties in America, but there is no party of principle. ~Alexis de Tocqueville
Old 04-27-2007, 09:39 AM   #3 (permalink)
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Yeah I think government estimates are based upon a worse case scenario...
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Old 04-27-2007, 03:43 PM   #4 (permalink)
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{Bangs head on desk} we are screwed lol
What Profit Is It To A Man...If He Gains The World But Loses His Own Soul {Matthew 16:26}
Old 05-01-2007, 10:10 AM   #5 (permalink)
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It is the second graph which we need to be concerned about: the graph of debt vs. GDP. The first graph does not factor in inflation. Though the national debt appears to increase exponentially, the value of the dollar is also decreasing exponentially.

Here is another view of Tadpole's second graph:



I think these graphs make the effects of cutting taxes without cutting spending very clear.
-Jaxian
Old 05-01-2007, 04:39 PM   #6 (permalink)
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{bangs head on desk more} we are more screwed lol
What Profit Is It To A Man...If He Gains The World But Loses His Own Soul {Matthew 16:26}
Old 05-01-2007, 04:43 PM   #7 (permalink)
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Old 05-01-2007, 05:04 PM   #8 (permalink)
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Well, seriously, this is not good news. I mean, with the rise in corporate welfare, offshore accounts...we, the people will bear the burden...but I have it all figured out...LOL!!!!

Bush is going to change us into the North American Union, get rid of the dollar and create a new currency...anyone agree?

Independent Task Force on North America - Wikipedia, the free encyclopedia
Old 05-01-2007, 05:11 PM   #9 (permalink)
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Quote:
Originally Posted by Sally Numor View Post
Well, seriously, this is not good news. I mean, with the rise in corporate welfare, offshore accounts...we, the people will bear the burden...but I have it all figured out...LOL!!!!

Bush is going to change us into the North American Union, get rid of the dollar and create a new currency...anyone agree?

Independent Task Force on North America - Wikipedia, the free encyclopedia
Personally, I believe that unless this country adopts another tax plan (like the Fair Tax), then we are all in trouble. . .


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Old 05-02-2007, 10:36 AM   #10 (permalink)
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I don't like Fair Tax, as it's never shown to be fair, IMHO, but I certainly agree we need to adopt a tax plan that does not allow offshore accounts or any corporation transferring to Dubai to take tax dollars with it...
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