This is from a Canadian magazine that was talking about the global economy and how the government is handling paying for stimulus packages etc..
"By the way, where does the government get the money to fund all these immensely useful programs? According to a Fox News poll earlier this year, 65 per cent of Americans understand that the government gets its money from taxpayers, but 24 per cent think the government has “plenty of its own money without using taxpayer dollars.” You can hardly blame them for getting that impression in an age in which there is almost nothing the state won’t pay for. "
I'm shocked that so many people don't realize that the governments money comes from taxing the people!
Asked by Anonymous at 9:12 AM on Jun. 25, 2010 in Politics & Current Events
Answer by mancosmomma at 9:15 AM on Jun. 25, 2010
Answer by jesse123456 at 9:22 AM on Jun. 25, 2010
LOL, no kidding mancos. I just figured we are getting all of our borrowed money from China. Tax payers will start to really pony up next year when the Bush tax cuts expire. For some reason, I am getting the feeling our economy hasn't seen anything yet. And it is being reported this morning that the GDP rose less than originally estimated last quarter. How long until we repeat the Greece effect?
Answer by QuinnMae at 9:24 AM on Jun. 25, 2010
Answer by angevil53 at 9:27 AM on Jun. 25, 2010
Answer by xxhazeldovexx at 9:42 AM on Jun. 25, 2010
Answer by xxhazeldovexx at 9:45 AM on Jun. 25, 2010
Answer by mancosmomma at 10:32 AM on Jun. 25, 2010
Answer by lovinangels at 10:56 AM on Jun. 25, 2010
So I guess this explains.....
Answer by yourspecialkid at 11:18 AM on Jun. 25, 2010
What??? The government doesn't have it's own money???? What happened to that money tree planted in the middle of Michelle's garden? The one that provided the money for Obama's "stash"?
Seriously, it is pathetic that so many people don't realize where Uncle SamBarry gets funds for all the various give-aways. This shows that we really need to start educating our children and families. And fast!
Answer by 29again at 12:11 PM on Jun. 25, 2010
Next question overall
(Just for Fun)
Is there anyone else out there that doesn't drive?