Posted by Wile E on September 24, 2012 at 08:53:41 from (173.162.59.145):
In Reply to: Fix the National Debt posted by Dennis (VA) on September 24, 2012 at 07:35:35:
I saw an email a month ago where a guy explains in plain English that SSI, Medicare and Medicaid eat up all the incoming taxes that the feds take in. (yep all and then some) So.....The USA is headed over a cliff because we cant pay the obligations, not to mention miltary spending, foreign aid, and on and on. And the congress and the prez will NEVER make the dramatic spending cuts that are needed, cause they would lose votes. And the voters will never think that their check should get cut.
It is almost like having terminal cancer and there is no cure.....not a very bright prospect for the future of the USA. We will become like Greece and the other nations that promised everything to their people. Every 24 hours the USA goes another 3 billion in debt. Go to www.usdebtclock.org and see for yourself. When/if the US dollar collapses then it will be the great depression times 3. God help us.
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