Any thoughts on what else could be causing the failing economy?? Don't saw ohhh the US is spending too much on the war. <--- that IS debt.
Very interesting. haha for once Democrat, Republicans& independents almost agree!!
" A FOX News poll released Thursday shows large majorities of Democrats (78 percent), Republicans (82 percent) and independents (80 percent) think debt is ruining the economy. "
http://www.foxnews.com/politics/2009/01/15/fox-news-poll-percent-say-debt-ruining-economy/
2 comments:
This seems sort of redundant... what DO the other 20 percent think, because in my opinion, it's not what is making the economy fail, as if it still hasn't really failed, but what made the economy start failing, and it wasn't really the debt itself, it was the way that people were getting into debt. This seems to me like asking "hey, what is making that bad smell," as you stand over the corpse of a dead rat. I admit that my understanding on this is very limited, and I'd be happy do get stuff explained if I have it wrong...
It's ironic, too considering that Obama's inauguration is going to cost more than $150 million. That's THE most expensive ceremony in the history of the presidency! But this is mostly because the secret service is required for 4 days before hand, not just starting from the of. Luckily for us, $50 million is already covered by Congress and from fundraising. To put it in perspective Bush's was $42.3 million.
http://news.yahoo.com/s/ynews/ynews_pl204
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