What interesting facts does this blog have?

You see, my english teacher assigned us a blog project about a few questions. This blog contains the information of The tips for a freshmen, The financial debt for the U.S, how the power outages in Saipan affects my family and the economy, and the recent earthquake that hit China.

Monday 12 May 2008

The U.S in huge debt.


Recently, as I had done my research project, I have found out a fact that is so suprising about the U.S. How much the U.S is in debt because of the Iraq war. Now I know why people call George Bush and idiot. I have heard many places the U.S is in debt, but not this much. The U.S is being teared apart.

The U.S owes approximately 9.5 trillion dollars. All that money falls under the cause of the Iraq war. The U.S cannot even pay up that money because right now, they are currently broke. The money that is owed would more then likely to be paid by the future generation of the U.S. This burden will have an enormous impact on the U.S economy. Gas prices are going up higher, the growing rate of human popultion while the same rate of food source, and the U.S owes 9.5 million dollars. I think it will be really hard for the future generation in everything. If the national debt is paid by per person in the U.S, each person will approximately pay about $30,400. If the debt is paid off by per head in the U.S working Congretional Budget Office, it will be 60,100$ per head.

I think that it is about time to stop the war and start worrying about the debt. It is time that George Bush steps out of office and a new leader will be there for the U.S. I myself think that George Bush shouldn't be in the book of the list of presidents because he had done nothing. He is metioned as the looser of all times. This is what likey the future generation of the U.S has to deal with.

If you would want more information go the links below :)
http://en.wikipedia.org/wiki/United_States_public_debt

3 comments:

Lira said...

why did you change it??
and debt is 9.3~9.4trillion dollar

luckyj16 said...

wow, i'm the second to comment? Oh yeah! So John, great info, keep up the good work!

DK said...

It's nice information...