Clinton Unveils Plan to Ease Housing Crisis
I find it funny how it seems like the government continues to put out more and more money. The fact that the federal deficit keeps getting larger and larger and yet it seems like no one in Washington has taken any notice to this. We always here that there needs to be more money in Washington to get the job done however I believe there are many areas where the government could be taking money away from. For example why are we spending so much money on foreign countries when we don't have enough money to get the jobs done that are needed inside our own borders. Cut some of the funding and bring that money home. The other thing that I have never quite understood is why do we allow the federal deficit to continue to rise. The last number that I heard and this was from 3-4 years ago, but the interest that we spend on the federal deficit is about 14% of the total annual income of the federal government. How about finding ways to pay off the deficit and get that 14% back to use in other areas of need.
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3 comments:
I liked the point you made about spending too much money on foreign countries. It does not make sense to keep putting our own country into further debt in an effort to help other countries. I am sure there are legitimate reasons for this that I am unaware of, but I find it hard to believe that any of those reasons are good enough to explain why our country's deficit keeps growing over time.
I agree with the both of you. Why is it that our country has all this money to give to other countries when we can't even help ourselves. As nsimmons says, no wonder "our country's deficit keeps growing over time," because we keep helping others before we help ourselves. Sure, we spend the money to keep ties with other countries, but that doesn't mean we shouldn't keep just a certain amount within our boundries.
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