President Obama took office with a substantial amount of debt that had accumulated when GWB was in office. With wars fought on two fronts and tax breaks going out to the middle class. I can not seem to figure out how that government expected to get some sort of surplus. Now that "change" has come things are supposed to be different right?... well obamas new "stimulus" bill is said to create new jobs for workers, while at the same time making america become modernized. But one question comes to my mind the more i hear about this issue, and that is when people get really bad in a whole they declare bankruptcy. How much more can the U.S. government spend before we have no more money?
Evan Griffin
POS2041
Friday 1p.m.
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2 comments:
10,642,369,007,654.91
sorry for that typo but i had to put the right numbers on here
EVan Griffin
POS2041
Fri. 1p.m.
We definately need to do something quickly about our spending habits. As Americans all we do is spend, spend and do some more spending. We dont save at all and this is something that we surely need to do. However we dont want to stop spending all together becuase this will hurt our economy and others around the world. We are definately in a very unique situation right now, becuase we spennt money and bought things we couldn't afford. This is one of the reasons how we got ourselves into this mess. Hopefully we can start to save a little but more each month and possibly put that money to work by investing in strong companies that represent what America is.
Chad Gagnon
CPO 2001
T R 1:05 p.m.
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