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One day the American people need to face the economic realities

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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-09-06 10:37 PM
Original message
One day the American people need to face the economic realities
1- There is now more capital exiting this country than entering it.
2- We have a debt to foriegn citizens that is rather scary.
3- Our trade deficit keeps getting worse, not better.
4- Our jobs keep going overseas and not coming home fast enough.
5- Our manufacturing base is being thoroughly decimated.
6- I'm not an economist, I forget the rest of the bad story.

This is scary shit, in total. From what I understand, we are on a slow but steady road to third world-dom. We can't just keep spending like drunken (fill in the blank) and expect to maintain 1st world status. What do you think ?
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Kerrytravelers Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-09-06 10:40 PM
Response to Original message
1. The Democratic President in 2008 is going to have to be honest with
the country, publishing the real economic status with simple graphs for everyone to understand, along with provable facts about where the money went and why. Then, a plan of how to solve the problem will have to introduced immediately for people to understand.
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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-09-06 10:40 PM
Response to Reply #1
2. I agree with you nt
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LiberalPartisan Donating Member (844 posts) Send PM | Profile | Ignore Thu Nov-09-06 11:01 PM
Response to Reply #1
3. Slash spending 20% across the board for starters n/t
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