I believe the government debt needs to be reduced and there needs to be a special tax on the super rich (the 74 kings who rule America) to reduce this massive debt. groups.yahoo/group/NewsViewsnolose/message/887 The US national debt is about $16.7 trillion. The State and Local government debt is $2.2 Trillion. Unfunded obligated/liablities federal spending: Federal employee pension contingent liabilities (incl. Postal service), $ 4.0 trillion, unfunded state and local government employee pension and medical contingent liabilities, $ 2.7 trillion. TOTAL: $8.9 trillion + 16.7 + 2.2 = $27.8 Trillion Infrastructure debt: $2.2 trillion. Source: mwhodges.home.att.net/nat-debt/debt-nat-a.htm Because unemployment has increased in 2008 reaching 10 percent in late 2009 until Nov. 2010, in Nov. 2011 it was a bit lower than 9 percent. By Nov. 2012 it was 8 percent and Aug. 2013 it is 7.3 percent. Given that 5 percent is consider full employment. Real unemployment was 2008 - 2009 15 % 2010 14 % 2011 14 % 2012 13 % 2013 12 % As the troops pull out of the wars and leave the military their unemployment is 19 - 22% now. This long five years of high unemployment has had a negative impact on people achieving the American dream. We should have started a CCC and WPA jobs program and still need to.
Posted on: Mon, 24 Mar 2014 00:16:48 +0000
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