Deficit grew by $181 billion in July

Discussion in 'Current Events' started by outamyway, Aug 10, 2009.

  1. outamyway

    outamyway New Member

  2. Jones

    Jones fILE A GRIEVE! Staff Member

    Apparently our endless war credit cards are still good.
  3. wkmac

    wkmac Well-Known Member

    Analysts Expect Long-Term, Costly U.S. Campaign in Afghanistan
  4. Baba gounj

    Baba gounj pensioner

    Why has it been that the deaths of our troops is no longer mentioned by the nightly news, as it was during GWB administration ?
    The number of wounded & killed continue to rise, yet no one seems to care anymore . Where are those that demanded we bring our troops home, now.
    What happened to Congress and this current administrations pledges to end these wars ?
    Oh, they are to busy flying around the globe looking for climate change.
  5. av8torntn

    av8torntn Well-Known Member

  6. av8torntn

    av8torntn Well-Known Member

    At least that is a drop in the bucket compared to social programs.

    Just for the year of 2008.

    $608 billion (+4.5%) - Social Security
    $386 billion (+5.2%) - Medicare
    $209 billion (+5.6%) - Medicaid and the State Children's Health Insurance Program (SCHIP)
    $324 billion (+1.8%) - Unemployment/Welfare/Other mandatory spending
    $261 billion (+9.2%) - Interest on National Debt
  7. klein

    klein Für Meno :)

    $180 billion divided by 300 million US citizens = $6000.00 for everyone ?
    Is my math correct ?
  8. Baba gounj

    Baba gounj pensioner

    thanks to jones;
    using this site one can also see the cost per family , per person, or taxpayer
    but I'm sure those averages do not included all the people in the USA ( if you divided by the real number of people in USA the amount would be lower. )
  9. Baba gounj

    Baba gounj pensioner

    [​IMG] Taggart for News Roberta Aguilar and her daughter Lilly Gomez (11) plan to buy a uniform for her first day of school wait at the Chase Bank on Junction Blvd in Queens.

    [​IMG] Harbus for News People wait to receive 200 dollars given to disadvantaged families for school supplies.

    Take our Poll

    Soros, feds hand out $175M to needy NY kids

    Do you think this is a wise use of $175M?
    Yes. The $200 can provide an immediate benefit to the recipients.
    No. The money would have been better spent had it been invested in government programs.
    I'm not sure. It'll depend what the recipients use it for.

    A $200 back-to-school giveaway for needy kids sparked a mad rush for money on the streets of New York on Tuesday.
    "It's free money!" said Alecia Rumph, 26, who waited in a Morris Park, Bronx, line 300 people deep for the cash to buy uniforms and book bags for her two kids.
    "Thank God for Obama. He's looking out for us."
    Thousands of people lined up at banks and check-cashing shops to withdraw the cash that magically appeared on their electronic benefit cards.

    Now this money was electronically added to the welfare atm cards, yet everyone had to rush out , stand in line, and get cash.
    Does anyone in NY have faith in their atm cards ?