• Overtaxation. If we shifted to a national sales tax, then the economy would expand tremendously.
  • illegal immigration
  • Wasteful govt. spending on things like advances in Asparagus technology.
  • The War In Iraq and its effect on US Federal Debt (now about $9.5 trillion). Republican Senator Ted Stevens said that the cost of the wars in Iraq, Afghanistan and the "War on Terror" was close to $15 billion/month (mostly on Iraq). Stevens was speaking in support of additional funding for them.
  • IRAQ. My 2 cents.
  • Illegal immigration
  • the expense accounts of closeted horny gay senators
  • The biggest drain on the US economy are the wars and the loans we have obtained from China and others. I don't want to see it when China decides to collect what we owe them, where the hell are we going to get the money to pay them? Is it worth to sacrifice the US economy, the poor and middle class people in order to give Iraq and Afghanistan freedom?
  • The Congress,the Senate,and the Military.
  • As Carpe_diem posts, "The biggest drain on the US economy are the wars and the loans we have obtained from China and others." The best estimates are that we are spending $12.5 BILLION /month on George's Vanity War in Iraq. This war has already lasted a couple years longer than World War II, with no end in sight. Are we getting our money's worth? When we look at the total costs so far, the Iraq war has cost about the same as the $700-$800 billion the Bush folks are currently begging for from us taxpayers. Coincidence? Maybe. $12.5 BILLION each month on George's War in Iraq. Look where it has got us.
  • The Federal Reserve Bank and has been the biggest drain on the U.S. economy since December 22nd, 1913. "This act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalised. The people may not know it immediately, but the day of reckoning is only a few years removed... The worst legislative crime of the ages is perpetrated by this banking bill." - Rep. Charles Lindbergh, Sr. (R-MN) on the Federal Reserve Act of 1913 "Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it." - Woodrow Wilson, The New Freedom (1913) "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." - President Woodrow Wilson (1916) "Those that create and issue the money and credit direct the policies of government and hold in their hands the destiny of the people." - Reginald McKenna, President of the Midlands Bank of England, former Chancellor of the Exchequer 1918 “There also exists another alliance – at first glance a strange one, a surprising one – but if you think about it, in fact, one which is well grounded and easy to understand. This is the alliance between our Communist leaders and your capitalists.” - Vladimir Lenin 1919 "The state does not function as we desired. The car does not obey. A man is at the wheel and seems to lead it, but the car does not drive in the desired direction. It moves as another force wishes." -- Vladimir Lenin 1 1923 “Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create money and control credit." ― Sir Josiah Stamp, President of the Bank of England in the 1920’s and the second richest man in Britain "From the days of Sparticus Wieshophf, Karl Marx, Trotski, Belacoon, Rosa Luxenburg, and Emma Goldman, this world conspiracy has been steadily growing. This conspiracy played a definite recognizable role in the tragedy of the French revolution. It has been the mainspring of every subversive movement during the 19th century. And now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their head and have become the undisputed masters of that enormous empire." - Winston Churchill, 1922 "I am afraid that the ordinary citizen will not like to be told that the banks can and do “CREATE” money, and they who control the credit of a nation direct the policy of the government and hold in the hollow of their hands, the destiny of the people." ― Reginald McKenna, Chancellor of England’s Exchequer, January 1924 “These international bankers and Rockefeller-Standard Oil interests control the majority of newspapers and magazines in this country." -- John Hylan, Mayor of New York 1927 “The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible TRICKS OF THE PRESENT SYSTEM which put nations and peoples UNDER CONTROL OF THE FEW. If the American people knew the CORRUPTION IN OUR MONEY SYSTEM THERE WOULD BE REVOLUTION BEFORE MORNING!” ― Henry Ford, Sr. — American Developer of the Automobile (The Emerging Struggle pg. 165) "It [the depression] was not accidental. It was a carefully contrived occurrence.... The international bankers sought to bring about a condition of despair here so that they might emerge as the rulers of us all." - Congressman Louis T. McFadden, Chairman of the House Banking and Currency Committee 1931
  • George W Bush or War or the National Debt
  • Taxes and the wildly unnecessary things bureaucrats spend them on!
  • What amazes me is how we let the Republicans get away with calling the Democrats "Big Spenders." This is from the CATO Institute, a CONSERVATIVE think tank: May 3, 2005 "The Grand Old Spending Party: How Republicans Became Big Spenders" "President Bush has presided over the largest overall increase in inflation-adjusted federal spending since Lyndon B. Johnson. Even after excluding spending on defense and homeland security, Bush is still the biggest-spending president in 30 years. His 2006 budget doesn’t cut enough spending to change his place in history, either." (from a Policy Analysis by the CATO Institute) Image below: President's plan to fix the budget: ____________________
  • illegal immigrants
  • war and social programs
  • Interest on the national debt.
  • Wars. Wars. and more Wars.
  • real estate
  • Inept administrators!
  • The U.S. Government.
  • I'd like to change my original answer. The biggest drain on the US ecomony is The Federal Reserve and central bankers.
  • the homeless.
  • Criminal aliens entering the country and bleeding our health care services, our education system, and filling our prisons and jails with nearly 30% of all criminals in jail in the US being illegal aliens. This also clogs our justice system as well and costs taxpayers millions. ALso, the undocumented criminal aliens that enter with tuberculosis and other diseases costs the society in treatment of others who have become sick because of their entering society and spreading their diseases. It isn't a political issue, it is a matter of protecting citizens of a nation against these things beyond the homeland security issues.
  • barack obama fundraising
  • The progressive tax system.

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy