Quote:
Originally Posted by jcb986
Harry Truman was a Democrat...I believe he made about $24,000 a year, no secret service, no lavish parties, vacation?, even drove himself home after leaving office. Those where the days.
I remember in the 70's reading or hearing on the TV about higher pay for government workers, which includes Congress and the President which was to bring in better people for public service...and look what it got us...BANKRUPTCY.
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The source of our $14 Trillion debt is NOT from govt workers or politician pay checks.
Quite the contrary it is from govt payments to PRIVATE citizens in the form of Medicare and more in Social Security checks than the recipients payed in before retirement. Toss in a few off-budget unfunded wars, F-35 Joint Strike Fighter costing upwards of $12 billion, F/A Hornets costing $2 billion, air craft carrier replacement nearing $3 billion, Predator and Reapers drones costing $2 billion all totaling over a trillion and half dollars in military and counter-terror.
We used to be able to offset those entitlement and defense costs from manufacturing but over the last decade we gave that away so that Wal-Mart could stock its shelves with cheap flat panel TVs, Ipads, yo gaba gaba t-shirts, comforters, shoes and other communist made products.
But the easy thing to do is to blame Congress and govt while WE are the ones who elected the very "pro-business" govts that set into motion the outsourcing of our economy (for NOTHING) and deregulation of the banks who wasted no time in ruining our vitally important credit flow.