Posted by Hay hay hay on March 20, 2018 at 14:47:28 from (75.89.129.227):
Normally when times are good and you are making money, it is time to pay off some debts. Right?
Well we hear every day that the economy is booming, unemployment is 4.1% (lowest in many years).
Today the federal debt just hit $21 Trillion. This is not a red or blue problem...it is America's problem, and mostly our children's problem. And I am not hearing any solutions or painful measures to fix it.
And us old Geezers..you and me...we are a large part of the problem.
Using the 2015 data:
Total Expenses $3.8 Trillion Partially made up of these expenses: Medicare and healthcare $986 Billion (about 26% of the total) Social Security and Disability $895 Billion ( about 24%of the total) Military & Defense $598 Billion (about 16%) Veterans Benefits $170 Billion ( 4%) Education $70 Billion ( 2%) Unemployment 36 Billion (1%)
Interest on the debt $229 Billion (7%)
Seems like we are rushing headlong into a plane crash. My medicare bills are certainly adding up my share to the problem.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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