The U.S. Economy is Unsustainable
December 8th, 2009
Head of the US Government Accountability Office (GAO) David Walker says that the US economy is unsustainable and as the baby boomer generation begins to retire medicaid will destroy the economy. Dear Reddit, My reddit profile is questionmark could you hook me up with some karma, please?
President Obama is trying to set up better preventative programs to cut down on medicare expenditures. Most major diseases that consumes the medicare budget are preventable.
What do too many Americans do, when President Obama try to preverve Social Security. You Got It. COMPLAIN AND INSULT HIS INTEGRITY.
Its sad that in the 21 Century, that our medical system even have not advance beyond SAWING off peoples Limbs or amputations due to PVD. We can do better. Heaven forbid.
I try to post comments and they get deleted… DEATHOFTHEDOLLAR2010 is censoring my posts… THEY MUST BE FUCKING COMMUNISTS AND SOCIALISTS!!!!!!!!!!!!
STOP PAYING SOCIAL SECURITY AND MEDICAL BENEFITS TO WEALTHY AND MIDDLE CLASS OLD PEOPLE WHO CAN TAKE CARE OF THEMSELVES JUST FINE. This is a huge “entitlement” that got out of hand, it is supposed to be for poor people to keep them from being homeless etc, not wealthy people!
Security in times of need, not times of plenty for them!
If they get poor, they should then get the benefits, but not til then!
what a waste, irresponsible and depriving the needy the way they are doing it now!
thats a lie romax… norway is the best country in the world
Why? U.S. still the best country in the world, can not have the best of everyone? Social services and free as the Socialists, that the state protects workers, so that among all township enterprises do, to compete with large companies, like the Communists and that also allowed the free market. that being the best that they have the best. Why not?
Have you bought socks lately at Walmart? Made in China. The USA does not even make socks anymore. We are screwed.
You’re dumb. What does religion have to do with it?
Consumer Capitalism aka Corporate Plutocracy is unsustainable on a finite planet. Period Case closed, take that to the bank and cash it, take it and pay Yourself a vacation to the surface of the sun.
@nyznicca… If we were in a serious economic depression, yes I would. I mean, its better than cannibalism. Our economy is still good anyway.
only you would eat dogs, cats and horses.
This guy is a worry wort. Lighten up. Party on.
Its not that simple. If you, for example, buy a $4000 made in USA laptop instead of a similar piece for $600 made in China, your end product in turn will be much costlier and not able to compete on a global scale.
We need to carve out a niche for ourselves. Let China manufacture small scale items, let India provide back office services. We must maintain our lead in Design. USA has a strong tradition of innovation. Let us tap into that. e.g. iPod. Designed in Cal, made in China
Buy goods made in the U.S.A.
See much better quality of goods made in the U.S.A.
Our recession was made by ourselves by buying goods made in CHINA, INDIA, JAPAN, and KOREA.
American companies should produce goods in the U.S.A. and do your best to make price lower.
American will do it.
Glad I don’t live in the US!
But my cousins do so i feel for sorry for them.
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the problem with the us and mankind in general is that we are the victems of our own sucess, we dont die easily enough anymore
The only way I see a solution to this is if congress passes the Kill The Old People Act.
i really need to find somebody who clicks with me!
End the Fed.
If the economy is bad as how you guys say it is, then we should legalize killing dogs, cats, horses, and etc. as a source of meat. We should also legalize marijuana.
Hey! Don’t trust the US currency anymore? Invest in my currency!! It’s much better and safe.
I think you don’t get it.
Its as simple as jlstark23 puts it.
Watch these documentaries
Money Masters
Fiat Empire
Money as Debt
Dollars and Sense
Money Banking and the Federal Reserve
Zietgest Addendum (the first part, not the solution, and don’t give me shit about zietgest, when they talk about money pay attension.)
Argentina’s Economic Collapse
It just looks like u don’t understand.
Money = Debt.
Its not backed by anything.
Watch this vid again starting from 7:00.
where are you from?if its france then just dont awnser.
END THE FED!!!
The global crisis was terrible, especially on the US. Although, this was now over 12 months – any while the US isn’t back to the state it was – has definitely improved since this video was created. Hopefully it keeps improving and the US unemployment rate decreases & property prices steadily increase. Feel sorry for all the people with large property loans (or any kind of debt) before the economy crashed.