Thread: us debt....
View Single Post
tabs tabs is offline
A Man of Wealth and Taste
 
tabs's Avatar
 
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Quote:
Originally Posted by fintstone View Post
Military spending (DoD) as a percentage of GDP is near all time lows...you are barking up the wrong tree. The big expense that is rising at an alarming rate (as a percentage of GDP) is social welfare (entitlements).
Let me clue ya, EVERYTHING is going to be CUT, CUT, CUT....

The USA is no longer going to be able to maintain the role of providing Global Security. As GB was forced to pair back after WW2 so will the USA. The world will have to start fending for itself, and have to spend the dinero for its own defense.

Further the SS Trust Fund was ROBBED for 40 years so that we could have Security and Butter...Now the piper has to be paid..

AND U mean Post WW2 lows...
__________________
Copyright

"Some Observer"
Old 11-07-2011, 05:58 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #17 (permalink)