Added: 1 month ago
From: BankruptingAmerica
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  • srry 97% literacy rate to 69% literacy rate.

  • Psychiatry is completely unnecesary and has brought american literacy down from 97% graduating from schools to 67% over the last 4 decades in which they have been given billions to increase literacy. Atm they get 23 billion a year

  • Why cut spending? Why not raise the taxes to the pre-Bush-levels? Or even better, to the Eisenhower-Levels? A very onesided propaganda-clip.

  • @Fairfis Because raising taxes will continue the government's habit to spend, spend, and spend. Income tax currently accounts for a little less than 50% of government revenue. That percentage has increased over past decades, and yet our debt has increased at an even faster rate. That's why cutting spending is the solution -- not raising taxes. Cutting spending will force the federal government to cut unecessary programs/agencies, which we have plenty of.

  • Lets build some Moon colonies!

  • Freeze domestic spending yet waste money bombing people overseas? sounds like an awesome idea

  • There was a surplus yes. But instead of putting it toward the debt toward the federal reserve, it went toward social programs.

  • I agree what the video states, that our leaders infact could'nt stop the increase, that bacially just start rhetorics, speeches and don't even stop it, but make it bigger. Quick question though and off-topic since the song of this video plays a theme, whats the name of it?

  • Awesome ad

  • No one but Paul has a plan to balance the budget in 3 years.

    No One But Paul Moneybomb 2/14... Let's make this a big one.

  • No more big government conservatives! Let's fix the Republican Party. No big government Mitt Romney or Newt. If either of those guys go up against Obama, it's Rhetoric vs Rhetoric.

  • Debt is the cumulative total. Deficit is what's added to the debt on a yearly basis. According to the NYT on the Clinton record, “Despite two years of on-budget surpluses, deficit spending in other years added to the debt.” The cumulative total of Clinton's eight years: 1.4 trillion in the red--this is what was added to the national debt. It should be noted this was the BEST record of any President since Reagan, though.

  • If there was a surplus, why did the debt grow every year?Can someone explain to me how that works? This must be some new form of accounting.

  • I never said no surplus. I said the debt rose under Clinton--as it did in every President since Reagan. While he should be commended for having a surplus, the facts are the debt rose $1.4 trillion under Clinton's watch.

  • No surplus in the 90's, that is utter fantasy. Although to give credit where credit is due, in the second Clinton term when Republicans were in power and Clinton was completely handcuffed by the Lewinsky investigation, the budget was closer to being balanced than it had been in 40 years.

  • It's mentioned in the fact sheet on the video. Regardless, the debt did rise under Clinton. By more than $1 trillion.

  • u forgot to mention the surplus we were running in the 90s. guess that does fit w ur narrative.

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