Joined: Mar 2005
Posts: 6888
There is always someone worse off!
2/14/2009 at 5:51 PM
- I took this headine off the drudge report!!-
MONEYNETDAILY
Federal obligations exceed world GDP
Does $65.5 trillion terrify anyone yet?
What theyv are saying is the USA is up to their arses in debt.
I always have claimed I live in a 10 percent town. Our spending is about 10 percent of Winnipeg. Manitobas is about 10 percent of the feds. Canadas is 10 percent of the Usa. Give or take !!
Well they have outspent us away out of that range for years and now its all out of whack re stimulus. This headline- research it all you want scares me.
The partison bickering down south does not hold much much faith for myself re recovery. Time to batten down the hatches and look inward Sorry to say!
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At the end of the day- The Usa is worse off than us and it goes down hill all the way. Those that scream at our current leaders and what they have/could/should do- clam up or bring positive suggestions to the table.
We could be worse off.
Edited by Doug, 2009-02-14 17:54:58