US Debt Crisis - 2012 is only for America

[RKP5637]

"US Debt Crisis - 2012 is only for America"

IMO this was rather well done for a simple explanation of the situation in the economy. I don't think it's biased in any direction, just seemed rather simple to me for someone someplace that might not understand some of the financial complexities we are facing, outlined in a simple video.

http://www.youtube.com/watch?v=Jjv-MtGpj2U

[Democrats_win]

1. However: the debt has been Politicized! And why aren't we ending the wars!

If the debt really is a problem then end the wars immediately!

But the truth is, we've got to get the money moving in order to get our economy moving. Nothing is more important than that. The Republican party WILL drastically increase the debt if they are elected in 2012--since they won't raise taxes. Don't forget Cheney's comment: Reagan showed that deficits don't matter.

As the video suggests, spending could cause inflation. But that's ok with Republicans because they can just raise prices. We the people need for taxes to be raised: the 2 trillion dollars that corporations hold is OWED to the government for the bush pResidency. Tax first then borrow.

[RKP5637]

2. Yep! Exactly! Well said! n/t