A Concerned And Awake Citizen

A blog about how the Stupid Common Man sees the system

Are we Indians really working for ourselves – Think!

See this video, the highlights of the video are,

  1. The U.S.A. Govt. is having a national debt of 10 Trillion Dollars as of now.
  2. It does not have money to run its daily expenditures as well and borrows money at the rate of 70 Billion Dollars daily at extravagant rates.
  3. When Sr. Bush became the President of the United States (POTUS), in 1986 USA had surplus revenues and the American Citizens enjoyed a lot of privileges from the Government.
  4. But when Bush Jr. became POTUS in 2001, things had changed due to the tax cuts given by Sr. Bush to woo the voters. But in 1990 he increased taxes and lost in 1992.
  5. Bush Jr. had learned his lessons and did not want to upset the voters and went on giving tax cuts further giving rise to debt. The national debt kept rising and then 9/11 happened followed by the Iraqi and the Afghan war adding fuel to fire. Read more »

October 28, 2009 Posted by | citizens | , , , , , , | 2 Comments

   

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