...can't i just go to the ATM to get some more?

Ok, i figured I would shake off the cobwebs from the ol' blog and spit our some venom on one of the banes of our society--politicians.

The most detestable part of it really is how stupid they think we are. I guess we really are because we keep falling for it! So our lovely president declared that we should reduce the deficit. For those of you thinking shouldn't that ALWAYS be the job of the government to spend what you make? this is an incredible thing, the government does not have to get even close to in the black and then to make it better the get political capital by saying the are going to reduce it...HUH?!? Currently, the estimates for the 2005 deficit is $427 billion (if you believe the "liberal" media) to $348 billion (if you need the "fair and balanced").

So we are spending according to the white house 2.709 trillion and receiving 2.285 trillion. So why do I care about this? We have known about this for years...I remember when it breached the 3 trillion mark when I was in middle school. There was an uproar! People cared. Politicians fought to decrease it…well they didn’t do so well. But I guess this is the M.O. of the government: get everyone to freak, act like you are going to do something, and then, DO NOTHING!

So it would make sense that we would continue to elect the socially fiscal party. The republicans have made a name for themselves as being the ones with the smaller government mentality, but looking at the deficit I noticed a disturbing trend: Notice the red all during those fiscally conservatives. Sadly, they probably could change the colors to red and blue. Of course they say it was the democratic congress, now we have both republican congress and president, but we have the same—DO NOTHING.

Well so what does it matter? Well as we all are finding when you owe someone you become a slave to the creditor. As a individuals we live just like our government. An article in USAtoday states that our average personal debt is $84,454. compare this to our household portion of the government’s debt is $473,456.

So we are the wealthiest nation?!?

Other websites:
US dept of Treasury’s historic debt information
where the debt is from
debt clock