Quote:
Originally Posted by Guest
Some experts have pointed out that the people in this nation, unlike say those in Denmark, would be prone to overuse services because they are provided free. well not free taxpayers will foot the bill and we know politicians are frugal with taxpayer dollars.
This nation is not in 19 trillion dollar debt it is substantially more when you throw in interest, interest that continues because the debt continues.
Just take a look at the amount of debt in the last 8 years to that of the previous 43 presidents. Something has got to give
We have become a nation that has developed an "entitlement mentality" and have long forgotten the realities of life
Personal Best Regards:
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You are treating the increase in national debt to government spending. please explain the following:
Year Budget Deficit National debt Increase Debt
2008 458 10,025
2009 1,413 11,910 1,885
2010 1,294 13,562 1,652
2011 1,295 14,790 1,228
2012 1,087 16,066 1,276
2013 679 16,738 672
2014 485 17,824 1,086
2015 438 18,151 327
2016 585 19,573 1,422
The budget deficit does include interest on the debt. The sequester was suppose to move to a balanced budget. Look at the debt increase over the last three years under the sequester, how did the debt increase so much?