Friday, October 15, 2004

The US government, a fine role model

Lets party like the US government does, lets spend, spend, spend! Well that's the message they are sending us when we read today that they have just reached their $7.6 trillion government borrowing cap. Yes, thats $7,600,000,000,000 dollars, or $106,000 dollars per US household.

That's a ****-load of borrowing, and we also read that the deficit has also just reached a record, already at $413 billion this year. So when the country is up to its neck in debt by over one hundred thousand dollars per household, the Bush administration is all system go, full speed ahead and adding an additional $5,700 per houshold to that debt this year alone.

Why the heck is Bush shouting about how he gave a few hundred in tax back to the middle class families this year when he's actually borrowing over five grand per average family? Its no time to be going on a $10 trillion tax cutting spree when you can't even avoid going deep into debt to do it. As my previous entry pointed out, he's just robbing our future generations to go on a huge tax cutting spending spree.

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