Originally Posted by Scarecrow
Actually that is twice what our GDP is...you're thinking of the national debt which just reached 15 trillion, 5 trillion of which being accrued during the last 3 years alone.
Are you sure about that? After you stated that I questioned myself (thinking I got the number mixed up...it's been a while) but found this on Wiki. Not sure if it's it's true (it's wiki after all).
The economy of the United States is the world's largest national economy. Its nominal GDP was estimated to be nearly $14.5 trillion in 2010
Either way, you if you are right that's even worse LMAO. The costs of both Iraq and Afghan wars has been (presently) about a little over 1 trillion dollars which this dwarfs by SEVEN freaking times. How many roads, how many schools etc.. could have been built? For those that have trouble with numbers 100,000 = 1000 hundred, 1 million = 1000 thousand, 1 billion = 1000 million, 1 trillion = 1000 billion, where the hell did all that money go? To pay off bad "investments" and why do we have to pay for it while we throw vet benefits, elderly benefits, important safety nets (for women and children etc..) out the window? To put just how grossly disgusting that amount is we could technically own the following countries for a year combined (and still have a good chunk left over):
158 Central African Republic
159 Sierra Leone
160 Cape Verde
164 Antigua and Barbuda
165 Saint Lucia
172 Solomon Islands
174 Saint Vincent and the Grenadines
175 Saint Kitts and Nevis
181 Sao Tome and Principe São Tomé and Príncipe
182 Kiribati 183 Tuvalu
This was given to faceless entities with no improvement in our economy and nothing to show for it. AND no penalization for those responsible for it.
How the hell did we just give away that much money without very little oversight and almost no tracking, yep that's right LITTLE OVERSIGHT AND NO TRACKING. How come no one has gone to jail how come besides minor cosmetic changes has no real measures put in place for future prevention? Why isn't this spoken about by Obama or any of the GOP nominees or congress (both ailes and both parties)? Partisanship is a joke and is used to divid us while they rob us blind. It doesn matter if you are part of the Tea party movement or the OWS movement both are aware that there are serious problems that no one is addressing. Media is a joke and are run by 7 large corporations with vested interests in keeping you unware, divided and distracted. This is robbery plain and simple.
That's not even getting into our national debt and deficit (which is another topic altogether).
I give up.