Investors lose a trillion dollars in one day

[joeydb]

Originally Posted by jms62

So you really thing ALL the SH*IT we are in now is because of Welfare?

I'm saying it doesn't help, and by definition those on it aren't moving the economy forward. And I'm saying it's among the first things to be reduced as expenses go.

It doesn't account for ALL of our debt...just $9,000,000,000,000 up until 2004. More than that now.

http://www.cato.org/pub_display.php?pub_id=2807