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#28 |
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FFR Player
Join Date: May 2004
Posts: 43
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Just to make a point about all the people that don't like how Bush is spending government money and saying that we are in a huge national deficit.
America's GDP (gross domestic product) is over 9 trillion dollars. That kind of money alone almost inflates itself in value. The only way to make that amount of money worth something is to give it to other countries and/or invest it heavily into a diverse range of programs like military and privitizing things and medicine, etc. since we are part of a world economy, it's good to be in debt, sometimes even in a big way. There are actualy some countries that base their revenue off the debt we owe them. If those countries ever go broke, it would hurt the "world economy" even if only slightly. Now of course, there is a point were we could get into trouble if we spent too much, but I believe that point is far away and Bush isn't getting us there any time soon. Money is ment to be circulated. The only reason you make a dollar is to give it to someone else and eventually it will come back to you anyway. Now I won't argue with anybody that says it could be spent more wisley but hey, people arn't perfect. |
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