Saturday, May 16, 2009

Wasteful Spending

Wasteful spending; that's what it boils down to. With the population of America being roughly 307,212,123 how many of them do you think threw away millions and trillions of dollars on everyday spending? Doesn't seem like it's their fault they are having to feed their children scraps and survive off the belongings they sell. Funny how it works though. We're in debt as a nation, but actors, actresses and lets make it simple, all those above middle and lower class are still doing pretty good.

The outstanding public debt of the United States as of May 16th, 2009 is
$11,277,585,122,500.35 So, because of the wasteful spending, each citizen share the debt of almost $37,000.00 each! Disgusted? Feel free to contact your congress: http://w2.eff.org/congress . But hey! Have no fear; the latest article I read informed us that our government is concerned of the deficit we are currently facing. Thanks, I appreciate your empathy.

If you had any pull in helping this nation, what needs to be done? We could always produce more US Dollars so we are not so far in debt right? I mean, the value of the US dollar in other regions is already below what it should be.
US Dollars: $1.00 equals .74 cents in Euro
US Dollars: $1.00 eguals .65 cents in British Pounds
But lets end on a positive note here. If you want to get the most bang for your buck, you'll want to go to Japan. An American dollar in Japan makes you rich!
US Dollars: $1.00 equals $95.00 in Yen! So, book those flights and party it up in Japan because you won't be able to in American again.


No comments:

Post a Comment