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1st quarter federal budget deficit: $430.69 billion,


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#1 Jase

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Posted 17 February 2010 - 03:11 PM

8.8% higher than the pace of last year's unprecedented deficit of $1.42 trillion. The Obama administration projects it to reach $1.56 trillion, meaning the burden of the deficit for this year alone, ignoring interest, is about $5200 dollars for every man, woman, and child.

Family of 4? Your household is responsible for $21,000 plus interest for this year's spending alone.

:eek:

#2 g5jamz

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Posted 17 February 2010 - 03:42 PM

Racist

#3 PanthersFanNY

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Posted 17 February 2010 - 04:44 PM

We're on a roll!

#4 Kral

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Posted 17 February 2010 - 04:52 PM

Lets divide by wealth percentage instead of equally across the population.

#5 Jase

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Posted 17 February 2010 - 04:53 PM

I think it illustrates better just how much money it is to divide it evenly.

Also, even if we put the majority of the burden on the rich, the burden will eventually be on all of us, so I think it is apt.

#6 JeramiahCopperfield

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Posted 17 February 2010 - 07:33 PM

The debt is fraudulent.

1)get off the federal reserve system
2)Print up money without debt attached, paying off this debt, all the while increasing the fractional reserve percentage of banks, until it reaches 100%. (not implementing more taxes to pay it off like that bastard Glenn Beck says)
3)Print no more money. Only free market competitive currencies going forward.

Or something like that


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