Gaming World Forums
General Category => General Talk => Topic started by: datamanc3r on June 03, 2008, 04:43:28 am
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I wanted to post this in Political Forum but for some ungodly reason it's disappeared, and I almost made the mistake of posting it in Post 9/11.
In foreword, I know nothing of politics, of how Congress works, how Congress is elected, and how it altogether decides the budget. For all I know, maybe the POTUS gets to decide what to do with the budget (because there is always the OMG BUSH PROPOSES THIS THIS AND THIS LET'S SHOOT THIS SHIT DOWN type thing). I dunno. I'ma go ahead and fail AP Gov, thank you.
Basically, throughout various resolutions in speech and debate, it was discussed and frequently alluded to that the US fiscal budget generally sucks and the people who bring this about are to blame. Basically, it is my understanding that both parties pursue the same things in terms of how much money they allot to their differing programs, whether or not they operate at a deficit, and so on. Because their policies are so similar, our economy at large is slowly drifting into the dreaded Downward Spiral of stupid borrowing because of fiscal irresponsibility. There's Keynesian economics, the Fed, a J-Curve thrown into the mix, trickle-down theory, and all that other bullshit that I'm just confused to hell about. Like, does a continued deficit propounding upon our national debt really take a toll upon our economy? Can we hold this debt for much longer (the debt ceiling is supposed to be raised to 10 trillion soon, I believe)? I'll have many more questions, definitely.
I actually need to know this for a speech that I plan to give next monday, and I don't want to go off on a ranting spree on stuff that I'm just not too sure about. Basically, this is that American Identity speech that I alluded to in a few other threads. The word I am writing for is "Degradation," and I want to prove that the economy, due to a stagnant socioeconomic policy, is slowly screwing itself over. I just want to make sure beforehand that I'm actually right to argue this and this isn't just some bullshit pre-pubescent OMG THE WORLD IS ENDING line of reasoning. So basically, I ask you all to discuss (and with good CITATION) the status of the budget as it is, and the potential problems thereof.