We're in trouble.

[ThreeLeggedGnome]

from msnbc.com
Financially anyway.
I found the article and posted here as it is, NO POLITICS GAME. All flamers of both parties can take a hike.

 

[RossMAN]

Cliff Notes: A $400 billion-plus deficit expected

 

[Ime]

This really should be in the News and Politics forum.

 

[FoBoT]

trouble? what is the trouble?

the federal govt can borrow all it wants, interest rates are low, ya know

 

[Brymo]

ya i will take a hike to the white house and kick bushes ass... he is a stupid stttupid person... period.

 

[Schadenfroh]

print more money....

 

[stormbv]

Originally posted by: Schadenfroh
print more money....

Then when the value of the dollar hits rock bottom we can use cash to start fires!

 

[beer]

Originally posted by: Schadenfroh
print more money....

...wow....just wow.....the American education system has failed again.....

 

[ThreeLeggedGnome]

Originally posted by: Elemental007

Originally posted by: Schadenfroh
print more money....

...wow....just wow.....the American education system has failed again.....

He could be sarcastic.

 

[Zim Hosein]

Originally posted by: Elemental007

Originally posted by: Schadenfroh
print more money....

...wow....just wow.....the American education system has failed again.....

IN NYC it has

http://www.nypost.com/news/regionalnews/524.htm

 

[Gonad the Barbarian]

I suspect this number will continue to grow, especially if Rumsfeld get's the military reorganized like he wants it.

http://www.latimes.com/news/nationworld/nation/la-na-balance12jul12,1,3994493.story?coll=la-home-headlines

 

[boyRacer]

back into deficit we go again...

 

[m2kewl]

Originally posted by: Zim Hosein

Originally posted by: Elemental007

Originally posted by: Schadenfroh
print more money....

...wow....just wow.....the American education system has failed again.....

IN NYC it has

http://www.nypost.com/news/regionalnews/524.htm

that's so sad, they watered down the regents and students still can't pass...

 

[ThreeLeggedGnome]

Originally posted by: m2kewl

Originally posted by: Zim Hosein

Originally posted by: Elemental007

Originally posted by: Schadenfroh
print more money....

...wow....just wow.....the American education system has failed again.....

IN NYC it has

http://www.nypost.com/news/regionalnews/524.htm

that's so sad, they watered down the regents and students still can't pass...

The problem is that in our country we try to force everyone to go to school. Some people have neither the desire nor the mental capacity for even a general education. Yet we force them sitting in the same classroom with many others who are there with the willingness to better themselves through education.

We all seem to ignore the fact that jobs like garbage collectors, fast food places' attendants, janitors,...and most hard labor jobs require hardly any education and we are damn sure needing people somewhere somehow who are willing to do them because they cant do anything else.

I hope my thought doesnt seem too condescending but after being a teacher for 8+ years I realize that education is not everyone and not everyone needs it to be functional in any society.

 

[HappyPuppy]

Originally posted by: ThreeLeggedGnome

Originally posted by: m2kewl

Originally posted by: Zim Hosein

Originally posted by: Elemental007

Originally posted by: Schadenfroh
print more money....

...wow....just wow.....the American education system has failed again.....

IN NYC it has

http://www.nypost.com/news/regionalnews/524.htm

that's so sad, they watered down the regents and students still can't pass...

The problem is that in our country we try to force everyone to go to school. Some people have neither the desire nor the mental capacity for even a general education. Yet we force them sitting in the same classroom with many others who are there with the willingness to better themselves through education.

We all seem to ignore the fact that jobs like garbage collectors, fast food places' attendants, janitors,...and most hard labor jobs require hardly any education and we are damn sure needing people somewhere somehow who are willing to do them because they cant do anything else.

I hope my thought doesnt seem too condescending but after being a teacher for 8+ years I realize that education is not everyone and not everyone needs it to be functional in any society.

Wow, you said what I have been trying to make people understand for many years. We need more programs geared towards the trades and menial jobs. Somebody has to do it and they should be payed accordingly. They shouldn't have to go hungry and their children shouldn't be forced into the same niche.

 

[Siddhartha]

Deficits happen when you cut taxes and go to war.

 

[CADsortaGUY]

Here is the other thread

CkG

 

[B00ne]

Originally posted by: ThreeLeggedGnome


The problem is that in our country we try to force everyone to go to school. Some people have neither the desire nor the mental capacity for even a general education. Yet we force them sitting in the same classroom with many others who are there with the willingness to better themselves through education.

We all seem to ignore the fact that jobs like garbage collectors, fast food places' attendants, janitors,...and most hard labor jobs require hardly any education and we are damn sure needing people somewhere somehow who are willing to do them because they cant do anything else.

I hope my thought doesnt seem too condescending but after being a teacher for 8+ years I realize that education is not everyone and not everyone needs it to be functional in any society.

So basically u are saying we need uneducated ppl, so they never understand and never complain about why they dont earn enough money to afford a living after 8+hrs of work? Modern slaves - so the educated can have their comfy lifes, earn alot and pay little...

Well, while that seems to work quite well around the world(South America, Asia, US, SA...), we stupid Europeans/Germans (since I cant really speak for other countries, although i guess it is mostly simialar) think it is unjust and calls for social unrest (well it would call for revolts/revolutions if we had such extremely huge differences in income, but I dare to say , that is because we have a higher level general education/common knowledge [I dont mean to say smarter[far from it], just know more about the world and less acceptance for unfair pay), that is why we have our "socialist" system and everybody has less

That "less" is not totally true, while it is arguable that (many) USAmericans can consume more [Pools, big cheap Houses without proper insulation, AC, several cars], but that is a direct function of the available space and (natural) recources. We on the other hand have more of the things that don't require space and recources like spare time, vacation, better quality food (we have the time to cook instead of eating McD), a social net with fairly small holes.

Ok, I am thread hijacking again, but I think these things go hand in hand: Having a certain portion of society kept in ignorance so that u have that portion to do the jobs that we have problems finding ppl willing to do (at competitive prices aka low wage)

 

[Moonbeam]

Bush is a disaster.

 

[ThreeLeggedGnome]

Originally posted by: B00ne

Originally posted by: ThreeLeggedGnome


The problem is that in our country we try to force everyone to go to school. Some people have neither the desire nor the mental capacity for even a general education. Yet we force them sitting in the same classroom with many others who are there with the willingness to better themselves through education.

We all seem to ignore the fact that jobs like garbage collectors, fast food places' attendants, janitors,...and most hard labor jobs require hardly any education and we are damn sure needing people somewhere somehow who are willing to do them because they cant do anything else.

I hope my thought doesnt seem too condescending but after being a teacher for 8+ years I realize that education is not everyone and not everyone needs it to be functional in any society.

So basically u are saying we need uneducated ppl, so they never understand and never complain about why they dont earn enough money to afford a living after 8+hrs of work? Modern slaves - so the educated can have their comfy lifes, earn alot and pay little...

Well, while that seems to work quite well around the world(South America, Asia, US, SA...), we stupid Europeans/Germans (since I cant really speak for other countries, although i guess it is mostly simialar) think it is unjust and calls for social unrest (well it would call for revolts/revolutions if we had such extremely huge differences in income, but I dare to say , that is because we have a higher level general education/common knowledge [I dont mean to say smarter[far from it], just know more about the world and less acceptance for unfair pay), that is why we have our "socialist" system and everybody has less

That "less" is not totally true, while it is arguable that (many) USAmericans can consume more [Pools, big cheap Houses without proper insulation, AC, several cars], but that is a direct function of the available space and (natural) recources. We on the other hand have more of the things that don't require space and recources like spare time, vacation, better quality food (we have the time to cook instead of eating McD), a social net with fairly small holes.

Ok, I am thread hijacking again, but I think these things go hand in hand: Having a certain portion of society kept in ignorance so that u have that portion to do the jobs that we have problems finding ppl willing to do (at competitive prices aka low wage)

I didnt mean that we should keep any portion of our population uneducated but then we should realize that education is not for everyone and if the opportunity for a better life (in economical and interlectual sense) is there and people arent willing to take it then we shouldnt force them through it either.

 

[FatJackSprat]

A deficit is not good, but it is better than a surplus.

Govt. is not intended to be a business and should not seek profit or maintain a surplus. When the govt has a surplus it simply means they have taken more money from the people then they are entitled to take.

Not only is it wrong to take more than is required to run the govt, it is wrong not to give it back once the 'error' is realized. Further, a surplus just encourages the democrats to start throwing money around at every program that involves potential voters. I believe in self-reliance and personal responsibility and I don't want to pay for anyone else's existence, anymore than I want them to pay for mine.

I'm not glad about the deficit, but I'm happy there isn't a surplus to show that my money is just sitting around waiting to be wasted.

 

[rahvin]

Originally posted by: FatJackSprat
A deficit is not good, but it is better than a surplus.

Govt. is not intended to be a business and should not seek profit or maintain a surplus. When the govt has a surplus it simply means they have taken more money from the people then they are entitled to take.

Not only is it wrong to take more than is required to run the govt, it is wrong not to give it back once the 'error' is realized. Further, a surplus just encourages the democrats to start throwing money around at every program that involves potential voters. I believe in self-reliance and personal responsibility and I don't want to pay for anyone else's existence, anymore than I want them to pay for mine.

I'm not glad about the deficit, but I'm happy there isn't a surplus to show that my money is just sitting around waiting to be wasted.

There is no such thing as a surplus as long as there is a 6trillion+ debt.

 

[FatJackSprat]

Originally posted by: rahvin

Originally posted by: FatJackSprat
A deficit is not good, but it is better than a surplus.

Govt. is not intended to be a business and should not seek profit or maintain a surplus. When the govt has a surplus it simply means they have taken more money from the people then they are entitled to take.

Not only is it wrong to take more than is required to run the govt, it is wrong not to give it back once the 'error' is realized. Further, a surplus just encourages the democrats to start throwing money around at every program that involves potential voters. I believe in self-reliance and personal responsibility and I don't want to pay for anyone else's existence, anymore than I want them to pay for mine.

I'm not glad about the deficit, but I'm happy there isn't a surplus to show that my money is just sitting around waiting to be wasted.

There is no such thing as a surplus as long as there is a 6trillion+ debt.

Then why is there suddenly so much attention to a mere $455 billion dollar deficit? And why blame Bush, I'm assuming that he inherited that multi-trillion dollar debt didn't he?

--Not that you blamed Bush for the natl debt, but why do people blame Bush for a deficit? With so much debt, there can never be anything but an operating deficit. Unless the debt is being paid according to scheduled terms, which would then also allow for a annual operation surplus.

 

[ITJunkie]

Originally posted by: B00ne

Originally posted by: ThreeLeggedGnome


The problem is that in our country we try to force everyone to go to school. Some people have neither the desire nor the mental capacity for even a general education. Yet we force them sitting in the same classroom with many others who are there with the willingness to better themselves through education.

We all seem to ignore the fact that jobs like garbage collectors, fast food places' attendants, janitors,...and most hard labor jobs require hardly any education and we are damn sure needing people somewhere somehow who are willing to do them because they cant do anything else.

I hope my thought doesnt seem too condescending but after being a teacher for 8+ years I realize that education is not everyone and not everyone needs it to be functional in any society.

So basically u are saying we need uneducated ppl, so they never understand and never complain about why they dont earn enough money to afford a living after 8+hrs of work? Modern slaves - so the educated can have their comfy lifes, earn alot and pay little...


Well, while that seems to work quite well around the world(South America, Asia, US, SA...), we stupid Europeans/Germans (since I cant really speak for other countries, although i guess it is mostly simialar) think it is unjust and calls for social unrest (well it would call for revolts/revolutions if we had such extremely huge differences in income, but I dare to say , that is because we have a higher level general education/common knowledge [I dont mean to say smarter[far from it], just know more about the world and less acceptance for unfair pay), that is why we have our "socialist" system and everybody has less

That "less" is not totally true, while it is arguable that (many) USAmericans can consume more [Pools, big cheap Houses without proper insulation, AC, several cars], but that is a direct function of the available space and (natural) recources. We on the other hand have more of the things that don't require space and recources like spare time, vacation, better quality food (we have the time to cook instead of eating McD), a social net with fairly small holes.

Ok, I am thread hijacking again, but I think these things go hand in hand: Having a certain portion of society kept in ignorance so that u have that portion to do the jobs that we have problems finding ppl willing to do (at competitive prices aka low wage)

No... not stupid. Actually you're very smart. The problem we have in the States in following your lead in proper social policies is 1) the size of our nation/population and 2) the diversity of our population. I think it safe to say that no where else in the world is there a nation with more nationalities under one roof than in the US. It's a double-edged sword in that it is what makes our country so great yet keeps us from instituting social policies that a lot of European nations enjoy. The logistics alone are a nightmare.

We have become a very fractured society here, with millions of different voices all howling about differing injustices with no way to reach a consensus on what needs to be done. I personally would love some of the "simpler" things you pointed out like a good social net, more spare time etc..

What are the immigration laws like in Germany?

 

[sandorski]

Originally posted by: FatJackSprat

Originally posted by: rahvin

Originally posted by: FatJackSprat
A deficit is not good, but it is better than a surplus.

Govt. is not intended to be a business and should not seek profit or maintain a surplus. When the govt has a surplus it simply means they have taken more money from the people then they are entitled to take.

Not only is it wrong to take more than is required to run the govt, it is wrong not to give it back once the 'error' is realized. Further, a surplus just encourages the democrats to start throwing money around at every program that involves potential voters. I believe in self-reliance and personal responsibility and I don't want to pay for anyone else's existence, anymore than I want them to pay for mine.

I'm not glad about the deficit, but I'm happy there isn't a surplus to show that my money is just sitting around waiting to be wasted.

There is no such thing as a surplus as long as there is a 6trillion+ debt.

Then why is there suddenly so much attention to a mere $455 billion dollar deficit? And why blame Bush, I'm assuming that he inherited that multi-trillion dollar debt didn't he?

--Not that you blamed Bush for the natl debt, but why do people blame Bush for a deficit? With so much debt, there can never be anything but an operating deficit. Unless the debt is being paid according to scheduled terms, which would then also allow for a annual operation surplus.

That "mere" $455ish billion deficit is the largest deficit ever by far(previous largest deficit was <$300 billion). The curent/previous debt level was attained with a whole bunch of small deficits, that's why so much attention is being focused on it.