United States Budget Dilemma.wmv

ALARMING! Washington's Dilemma!. Soaring debt and a budget Congress can't balance. This VIDEO explains WHY. Every person in AMERICA should watch this video! Over 3.6 million VIEWS! http://www.whitehouse.gov/omb/budget

• Category

  News & Politics

[Oracladeus]

I don't know where you pulled this from but there are some serious problems with this math. 1. There is no way in hell the military spending is that low.

[Hal Mason]

The numbers are directly from the White House budget....obviously you didn't do well in math.

[wahid karimi]

@Hal Mason. You speak very clearly and concisely about this topic. I have always wondered how much of this debt is owed to China and what are its consequences? What if the U.S. can't pay it's debt? The reason I say china is because everyone attaches the U.S debt to China. Any clarification would be helpful.

[Hal Mason]

China is the largest foreign debt however Social Security trust fund is the largest single government debt. Washington has borrowed $5 trillion from all the trust funds of which $2.7 is social security. Veterans retirement and Civil Service (Federal employee) retirement funds also are all debt (IOU's) in the form of treasury notes. 

[Roberto Santana]

Clinton ran up the deficit by investing in things that would grow the economy, like small business startups. He fought republicans all the way, and after 3 years his investments started paying off. "not spending money" does NOT produce growth. Spending money on the right programs produces growth. We are spending money on things that don't generate growth.

[geojack71]

He did neither. Congress passes the budget and spends money. Not the President. Clinton ran up huge deficits his first two years. In year 3, Newt Gingrich took control of the House (first Republican in 40 years) and he gave us the surplus by not spending money we did not have.

[geojack71]

You have a lot to learn. We have trillions in debt because of socialism alone. Obama did in one year what Bush did 8 with his "stimulus".

[ameighable]

Ah, so true, though he could only have delayed what cannot be stopped.

[ameighable]

The problem is that money itself has made us serfs in a feudal social model. John Locke said that those who agree with this are in a "perfect condition of slavery". Adam Smith said that what we are doing brought down feudalism & can't be sustaiined. The answer is, get rid of money. It requires nothing more than a paradigm shift in consciousness

[Roberto Santana]

How did the Clinton admin manage to balance the budget and even create a surplus?

[Roberto Santana]

I'm afraid we missed the rescue boat when we ignored presidential candidate Ron Paul, who has been warning us about everything that is happening now for over 30 years.

[Mezekaldon]

I tell this to people on youtube all the time.

[Skibum Willy]

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[micahry]

What a mess we're in and there's NO way out! im sad & sickened that our govt has let us down :(