Why are more socialist countries than the US cutting spending and Obama is increasing it?
It looks like he is doing it on purpose or he is the stupidest leader in the world.
Even Greece is cutting back now.
@Shovel Ready - actually Canada reversed their position weell B4 GDP=Debt. Italy, Ireland, Portugal and Italy are already taking action. Obama gave us a budget with 1.3 trillion in deficit spending.
- 9 years agoFavorite Answer
OBAMA said increasing spending will seal our doom and kill-off the country.
You tell me why he's demanding that very thing be done?
- Anonymous4 years ago
the respond to your question is "by way of fact the subject concerns are way, far greater complicated than may well be responded by using customary electorate.". in reaction to your questions, I spent a pair of a million/2 hour Googling multiple materials, and the numbers are distinctive each time - the spin is distinctive between the CBO and the NPAA and the background beginning and the Obama information superhighway website and the Congressional checklist and the Wall highway magazine. whilst a president takes place of work with a plan for the economic equipment and unemployment, that's as much as that president to artwork that plan and teach some fulfillment - or to describe precisely the solutions to questions like yours. I guard that is not as much as customary electorate to evaluation complicated financial subject concerns and clarify the specifics you ask for - besides the undeniable fact that that's as much as the president and his administration to do purely that. so a ways he has did not do any of that - he has did not shrink the debt, he has did not shrink the debt, he has did not supply any credible plan for doing so, and he has did not clarify why it has not handed off. are you able to? are you able to respond to your individual questions? What do you recommend by using "brought about by using" Obama? Initiated by using him, spent by using him, greater advantageous by using him or not decreased by using him? As to your 2nd question, i think of the respond is "each and every merchandise" brought about the upward push. except your debt is 0 and you borrow not extra money, each and every dollar you spend impacts the debt.
- mommanukeLv 79 years ago
Because the banks and derivatives market that crashed our economy crashed theirs as well and they don't have the resources we do to bail them out. As to them being more socialist than we, that exists only as them guaranteeing that all their citizens get health care. Isn't that a horrible thing? They should just be allowed to die like they do here to save the state money, shouldn't they?
Please try and understand that there is more than one influence on any issue.
- Weise EnteLv 79 years ago
Which is causing their economies to collapse.
You don't cut spending during a recession.
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- Patrick4024Lv 79 years ago
Its not just Obama. Nobody in congress wants to raise taxes or cut programs.
- Anonymous9 years ago
Those countries have come closer to running out of other people's money than the US has come so far.
- Anonymous9 years ago
Speaking of which, how is the EU doing with that strategy?
- berenLv 79 years ago
Oh I like this logic. If Greece is doing it, we should do it too because they are the model for economic prosperity.
- GARFLv 69 years ago
Obama is not the brightest penny in the pack.
- 1984Lv 69 years ago
I thought you people didn't care what other countries were up to? I guess it's a selective thing huh?!