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Tuesday, May 17, 2011

Debt

Right now our federal deficit budget is over $1.5 trillion dollars. The federal government is spending $1.40 for every $1.00 that comes in. After a while that .40 cents adds up to a lot especially  when we are 1.5 trillion dollars in debt. Right now almost all our debt is own to china who basically owns us as we speak. Obama is not help us with this problem as you can see he keeps spending money we don't have and it needs to stop. We need to cut needless spending and we need to focus on what really needs money. We need to be putting money to better use instead of spending it for no reason. Althrough many people will agrugue its being spent for a reason. Yes I understand but we need to be putting money towarsds like getting people new jobs. Instead of spending we need to cut things like taxes. I encourge you to check out these blogs http://www.normalisuninteresting.blogspot.com/ and http://www.learningtoraindance.blogsspot.com/
Katie