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Well, it`s a good thing that there are so many people out there that took Econ 201 way back in college, or listened to a political debate on it, and decided to spew out random "facts" about why we should spend tons of money or why we shouldn`t.
Political discussion aside, he was actually very clever in the presentation.
The pennies sorta help, but, really, it`s all there in the 1st grade math.
I live in Dallas Tx, which has a population of over 6 million.
Ill say 5 million just to round it down.
So if he were going to cut spending 100 million on his 4 year term that would be like each person in dallas getting a 20 bill back from taxes. or 5 dollars a year for four years.
But if you calculate this for the entire country which population is a little over 300 million. That is like giving each person 1/12th of a penny back over a period of 4 years.
Gov can keep the damn 100 mill, i dont give a damn.
population of USA 300 million. ok so 300 million pennies. that would be 3$ million.
Kaizen, there is a difference between the budget surplus and the national debt. A balanced budget and the national debt are two different things. Clinton`s surplus was a budget surplus for that year (in 1999 the surplus for that year was 122.7 billion and in 2000 it was $230 billion). This means that Clinton did not spend more than the government took in with taxes, etc. It does not mean that we didn`t have a nation debt. Also, the way that you rant about neo-con spins and how you listen to the left and the right really makes you seem like a hypocrite. O, and the congress during Clinton`s years in office was mainly republican. And the congress holds the strings to the
@HarryBalszak: Maybe it was out of circulation, or foreign. Or maybe the government doesn`t care about pennies? I dunno, it`d be pretty funny if the FBI showed up at his door because of this. XD
did I miss something?
kaizen... do we need a "honest" representation?..is their anybody here that doesnt understand what Bush has done to America? The point the kid is making..is what Obama (our current president...not our past) is doing to fix it...
Suscitatio... im not a Mccain supporter..but seriously? That was the most uneducated sounding statement ever made on IAB...
yeah im a douche..whatev
its his first year, he hasn`t been in the political game very long before he was president, and he needs to start somewhere, i really hope he can start to fix us, i knew all the numbers so he didn`t have to explain it to me, but i know a lot of others have faith in him, hopefully they still do
and he is gonna cut like this more? what 10 times 20? in the next 4 years? wow! gonna save us an extra 4 pennies; pathetic!
This video = awesome ftw
I`ve seen all those videos....and no doubt the hole that Obama has to climb out of is daunting to say the least but it`s a whole that both demopublicans and republocrats have created since the military industrial complex ramped up after WWII.Suffice it to say it was the Bush admin and the republican controlled congress (since 1994) that have exacerbated the countries problems.Remember the TARP bailout was passed in a republican controlled congress and president.
And yes, before you rant on me I do listen to both left and right sites and TV shows.
Dude, you on face book, we
Not if it`s being used for an educational purpose, as it is here.
You can heat up pennies, destroy dollar bills, anything, in the name of education. ^_^
And I think this video is very educational.
it was on this site a week or so ago. Now place this presidents spending into perspective of some of our nations past expenditures and you see that quibbling over bushes war is silly. come on man don`t be blind, use that noggin! this recession was a concerted effort by ALL the politicians and decision makers of this country, their lack of oversight put us in this mess, not just bush.
This video = awesome ftwthis
BTW, as Obama mentioned this 100 million reduction is the first of many to come (but this kid didn`t mention that).
Do any of you have even $1 Million?<
No but I have 30 cents and thats about my share.
Do any of you have even $1 Million?
......We`re still Fu*ked
and i agree with ya Lukas lol
And the pennies didn`t help, cause I still didn`t know what the f-ck he was talking about. Not that any of it matters to me anyway...