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N2272V · 04-18-2005, 03:06 PM

Quote:

Originally Posted by cpal_747

Do you mean facts like this?

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 18 Apr 2005 at 06:28:21 PM GMT is:
$ 7 , 7 9 5 , 2 6 3 , 9 2 7 , 9 7 6 . 0 3

The estimated population of the United States is 295,910,681
so each citizen's share of this debt is $26,343.30.

The National Debt has continued to increase an average of
$2.08 billion per day since September 30, 2004!

You state the OBVIOUS, what is your point? Yes we have a national deficit. Yes we will need to deal with it in a serious way that will not harm the economic growth and employment levels we are seeing now.

So?

Unlike Canada, the USA as a global leader has to maintain a large Military and military prescence in many parts of the world.

Canada has a tiny military, a population of 32,078,819 (we have more people living in California - 35,484,453 ) and a huge economic behemouth just South of your border separated by little more than a line of Longitude.

I can see how easy it would be to lecture others on how to balance their budget. It has been only recently and as a result of conservative deficit reduction measures implemented by the previous Canadian government that you are able to even project a surplus for 2004-2005 and this is a "projection". Up until then Canada was suffering from high unemployment and huge deficits. I predict that the lessons learned will remain UN-learned and you will end up back in the defecit category.

If America maintained an irrelevant military, pulled all our armed forces out of Europe, the Middle East and Asia and quit providing billions in aid to our friends and allies, our budget would be balanced easily.

Suffice it to say that the world and the U.S. budget is more complex than the simplistic little world you live in.

I can see how can you presume to lecture American's on the state of our affairs when you live in a country the size of all of Europe and have a population of 32 million.

Carry on!