I'm sure the conservatives here will give you rote answers like sum's and goodoleboys, but the truth of the matter is that the reasons are complex and they all add up.
Primary of those reasons is fraud, corruption, and a basically religious belief in Keynesian model of economics (outdated 20th century theory). There were signs of trouble that conservatives just refused to see coming despite being balleyhooed as the smartest economic wizards on the planet. Greed and currency hoarding are part of it but you won't find a single conservative admitting to that, either.
It is our democratic economy, Obama spends too much money, And with his food stamp plan, we will be spending even more money. So if you were to look at all of the debt Obama has put us in in 4 years is twice the amount George W. Bush put us in.
Yes its entitlements (Free Handouts) and spending more than you take in. we have been breed since childhood on entitlements I.E. allowances. Money for nothing. we have to many people on generational welfare, why work and add to the tax base when I can get it for nothing. We need a BALANCED BUDGET. Oh yea We haven't have a "Signed budget" since OBAMA came into office. is that Mr Bush's fault also. We need a system were our elected leaders have to live by the same rules they push on us. We need these same leaders who tell me I have to empty my pockets to give to those not willing to work to first empty their pockets and give to those same people. We need to cut costs first-hand live within our means. How about if we cut the salaries we pay these yahoo's (that would be) the President, Vice president, members of congress and the members of the senate. , Your not doing your jobs so why should I have to pay you? Than eliminate the IRS, EPA, ATF.
Because all our government leaders are being Donkeys at the moment, But I think at this particular moment I like donkeys more, They at least show their natures. ... Well wait they are showing it just fine right now just watch world news.
Because population of the world has almost doubled in less than 50 years. Resources are being depleted, the environment is overloaded with people. If people had only one child per family in 50 years our economy would be good again.
Fraud, Corruption, Greed... Most of the world's leaders do not have qualified people in key positions. They place their friends, relatives, and only people with the same political affiliations and ideologies, etc... For example, here in the U.S. it's a dog-it-dog world; Republicans against Democrats. Not what's best for the nation or the people who elected them, but what's best for the people who support them financially...
5 months ago
Last edited at 12:43PM on 12/1/2012
we let the governments of the world tell us how we should live ,we need a government without corruption, until that happens expect things to get worse.why would anyone spend $80-200 million dollars for a job that pays $400.000 a year,unless there was big money to be made from corruption.
You wont like it say conspiracy LOL The New world order requires the destruction of the only true vestige of freedom (The shining city on the hill) America. GLOBAL WORLD CENTRALIZED POWER!:In the hands of a ;"Brave New 1984 Orwellian Shrugged Hunger Game"; lol I digress E.U. more or less financial chaosMid East is a tinderbox multi factored propensity for destabilizing global econ's with critical impact.x the nuclear threat..Europe sold its people into state bondage Yea!}. Underthe surface is a Crises in the Banking...Come to the U.S. a disease planted into our banking sys a preplanned collapse Private think tanks have realized major factor must come to bear on the American people to Islam oops Submit ..our sovereignty relinquishing control of currency and absolute legislative authority..I.E compromise our contract our "Legal Charter" the most potent weapon of Liberty man has ever known THE CONSTITUTION OF THE UNITED STATES OF AMERICA