No one cares about any of your opinions.

Why America is in $17 trillion in debt and why Europe is in debt problems? Socialism

Businesses borrow money to make more money. Governments borrow money to fund social programs which has no return on investment and thus Governments can't pay back the money they lend except by raising taxes.

Nonsense.
Socialism put america in debt?
Do you know how many people could be fed for the cost of ONE $100,000 bomb you drop on a camel or empty cave in the middle of the desert daily?

Over 53% of taxes is spent on mandatory spending (such as Medicare, Social Security, Government salaries and so on ). And 50% of the American household have atleast 1 member that benefits from Government aid. This is money that has no return on investment unlike what Business do. How can you pay back money that you borrow when you spent it on stuff that won't make any return on investment?

The government won't cut the military spending because of so many people are living of the weapon industry which is completely funded by taxpayers money and money that is borrowed, it's basically a hidden social program since it keeps people off the streets.

The debt problem will never be solved untill the government is shrunk and social programs are cut drastically.

This post was edited by Mark28 on Apr 29 2013 10:50pm

No return on investment?
Do i really have to actually make an effort to show how clueless you are or will you retract this garbage?

lol, you should know I don't back down to bullies, rofl! I'm going to have fun with this

...you're cute when you're angry babe

i dont say this often

Then how come the government has trouble generating more money from the money it borrows then?

Because they are packing it in metal tubes and dropping it on afghanistan.

Socialist European governments are in even worse shape and they don't spent alot on military. If the return on investment was so great of these social programs, then how come Europe is in default also?

This post was edited by Mark28 on Apr 29 2013 11:51pm

Various reasons, mainly because they over extended themselves heavily, hell a lot of it is due to over investment in AMERICAS shitty bonds.