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<p>[QUOTE="yakpoo, post: 1146450, member: 18157"]<b><a href="http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?ArticleId=NS20100514150704AheadOfTheCurve" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?ArticleId=NS20100514150704AheadOfTheCurve" rel="nofollow">Here's an interesting article from Briefing.com that compares the US Debt situation to Greece</a></b>. At the end of the article, they attribute the difference between Greece and the US to the fact that Greece is tied to the Euro and doesn't have the luxury to inflate its currency.</p><p> </p><p>I saw reference to <a href="http://www.usgovernmentspending.com/debt_deficit_history" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usgovernmentspending.com/debt_deficit_history" rel="nofollow"><b>the 12% figure here</b></a>...but I'm not sure where they got it. Here's an excerpt from the bottom of the page...</p><p> </p><p><br /></p><p> </p><p><a href="http://en.wikipedia.org/wiki/United_States_public_debt" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/United_States_public_debt" rel="nofollow"><b>The Wikipedia article on US Public Debt is a sobering read.</b></a></p><p> </p><p>It's amazing that the parties are quibbling over $30 Billion when the deficit (not the budget, mind you, but the DEFICIT...the part we have to finance) is $1500 Billion! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> ...but it's a PRIORITY that PBS funding isn't touched? :goof:...really?</p><p> </p><p>Anyone that cares about this country HAS to be outraged! :heated: </p><p>I would rather live under a highway overpass than leave this mess to the next generation...WORD![/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1146450, member: 18157"][B][URL="http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?ArticleId=NS20100514150704AheadOfTheCurve"]Here's an interesting article from Briefing.com that compares the US Debt situation to Greece[/URL][/B]. At the end of the article, they attribute the difference between Greece and the US to the fact that Greece is tied to the Euro and doesn't have the luxury to inflate its currency. I saw reference to [URL="http://www.usgovernmentspending.com/debt_deficit_history"][B]the 12% figure here[/B][/URL]...but I'm not sure where they got it. Here's an excerpt from the bottom of the page... [URL="http://en.wikipedia.org/wiki/United_States_public_debt"][B]The Wikipedia article on US Public Debt is a sobering read.[/B][/URL] It's amazing that the parties are quibbling over $30 Billion when the deficit (not the budget, mind you, but the DEFICIT...the part we have to finance) is $1500 Billion! :eek: ...but it's a PRIORITY that PBS funding isn't touched? :goof:...really? Anyone that cares about this country HAS to be outraged! :heated: I would rather live under a highway overpass than leave this mess to the next generation...WORD![/QUOTE]
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