Obama wants to stimulate the US Economy by investing a Huge amount of Dollars in Infrastructure. He is not worried about the US Deficit. Big Spending is needed to create jobs and creating jobs is priority number one. If he is not worried about the Deficit I would advice him to change his plan and just give everybody in the US enough money to buy what they want. This would really boost the Economy in a very short time.
The US Deficit is rising and because of many factors (mainly the Baby Boomers) the deficit will rise to almost 53.000.000.000 US Dollars.
It is possible for the US to go on spending without taking care of its budget?
If nobody wants the US to pay back his debt Everything is Possible. If the US Citizens start to consume every country in the World will benefit because every country in the World wants to sell its products to the US.
Why don’t we give a lot of money to the Underdeveloped Countries too? Many people are starving to death.
He could do that too. Obama is the President of the US and the US is the biggest power in the World. He is able to do everything he wants to do and everybody will like his plan. If your are the President of the US you have to ACT BIG.
Why don’t we give everybody in the Whole World what they really want?
He could do this too. In a few years Everybody in the Whole Wide World will be Happy. This is really the Big Thing.
But wait.
The US is still the biggest Military Power in the World. The US is spending about $1 trillion per year to finance its Defense Budget. Obama wants to spend about $700 billion to boost the economy. When everybody is happy you don’t need an army. This would save $300 billion to help the poor people in the Word. If everybody is happy all the other countries don’t need an army too. This would save even more money. Making everybody in the World Happy is a good plan.
But wait.
If the US is not paying for an Army many people in the US and other countries will be out of work. It will also kill the Weapon Industry. They have to find another job. Perhaps they could find a job in Healthcare.
But wait.
If everybody is happy the amount of sick people will decrease. This will have an impact on the Pharmaceutical Industry and many other Industries. They have to find another job. Perhaps they could find a job in the Media.
But wait.
If everybody is happy the Media will lose jobs because Bad News is always Good News. They have to find another job. Perhaps they could find a job in Agriculture or Education.
But wait.
If people are happy they produce less children and we need the Children to give the Teachers something to do. We will need less food and if you work in Agriculture you don’t need much Education. They have to find another job.
Sorry. I will stop.
I don’t think it is a good plan to spend money to make everybody happy in the World. If everybody is happy the problems get bigger and bigger. I now understand why people are consuming. They are consuming because they are not happy. The US needs Enemies to keep the US Citizens Consuming.
But wait.
If the Enemies of the US are not happy they will ask the US to balance its budget. So someday Obama has to do something.
What?
Increase the Budget of the Army.
Good plan!
http://www.youtube.com/watch?v=O_TjBNjc9Bo ( A Video about the future US Deficit).