Tuesday, March 24, 2009

What does the deficit mean to my life?

For those that don't believe, try me. There are things happening right now in your lives that affect directly and indirectly on a daily basis and this ever growing deficit is evidence of just one range of its capability. Unfortunately there are still some of us that don't fully even understand the implications of how the deficit affects them as individuals. So for those that don't understand I will break it down for you in only a way that main stream media will not give you.

The payments that the deficit will afford will have no choice but to be taken from publicly funded programs namely healthcare, education, social security among other social projects. In the event our GDP does not cover the costs of these programs and the deficit, these programs will be cut altogether to make the payment to the deficit. You can bet your bottom dollar law enforcement funding would sustain if not enlarge in the event of these times. When the GDP just barely covers the payment of the deficit, military, law enforcement and bureaucratic pockets it's a wrap. Our officials will publicly declare our once wealthy nation bankrupt.

The unraveling of all this can happen at any given time as we are already suffering the pre-stages of this chain of events. I don't think anyone envisioned government authorized tax-payer funded bailouts coming in a million years. Just the same way the public would like not to believe anyone capable of flying two planes into buildings or buildings falling that weren't hit by planes for that matter. Even with indisputable evidence the true verdict on 9/11 has yet to be served or investigated thoroughly. Whoever would of thought about a potential housing bust or the dot com bust of yester year? Who is forward thinking enough to foresee everything we deem valuable eventually becoming worthless? What will life be like then? In this very answer lies the importance of the national deficit in your life.

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