BrainKing - Diskussionsforen (Politics)

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8. August 2010, 18:30:22

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Thema: Re:excuses, excuses, excuses

Artful Dodger: So.. in this imaginary world of tea party politics you can suddenly pay off trillions of debt in 1 year??

.. It took the UK about 60 years to pay off the loan to the USA that we incurred through WWII.. It'll take years for our CONSERVATIVE led government to get the money back we've put into the banking system to hold it up... and to reverse years of bad management. And it is something their coalition partners the Liberals fully agree with.

Anyone with even a tiny amount of economic sense knows that. It's not hard to understand.. the debt to the Chinese has to paid back, also the fact that defence spending went through the roof under Bush, is now a debt that has to be paid off.

It seems looking back through records, in the Raygun & Bush I years public debt quintupled.. and under Bush II doubled.

Under Raygun the banking regs were changed..
Medical charges in the USA are out stripping inflation like a bat out of hell.

N' this is all ok???