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14 July 2009

US DEFICIT PAST $1 TRILLION


US deficit surges past $1 trillion
(Al-Jazeera 14th. July 2009)

The US federal deficit has ballooned past the $1 trillion mark for the first time and could grow to nearly $2 trillion by the end of the budget year. Massive government spending to help ease the recession combined with a sharp decline in tax revenues and the cost of the wars in Iraq and Afghanistan have caused the deficit to skyrocket.
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My comment is 'serve you right USA' for leading the invasion of Iraq and Afghanistan. Your deficit problem should not have been worse if not you throw your money unnecessarily at Iraq and Afghanistan. Obama should not be blamed for this problem. Bush should take the full responsibilities for making the world suffer. When US economy is downed, the whole world will be effected including our small country.
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No thanks to the bad US decision under Bush administration. Mr Obama, I pity you for the shit left by Bush. Now, it is time for Obama to put things right. Pull out all your troops from Iraq and Afghanistan immediately and mend good ties with the Muslim worlds.
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