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Budget deficit

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The coming financial collapse of the U.S. government: Fed papers reveal what's in store for Americans

Mike Adams, the Health Ranger
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National newspaper headlines even add to the denial, running headlines that claim the nation's economy is strong because the 2006 budget deficit will be "only" $296 billion. That this is considered a success by the Bush Administration is testament to the psychotic fiscal self-deception that now serves as the norm in the United States. It's like a family that owes $1 million on a $200,000 home announcing "success" because it has just reduced its monthly credit card borrowing from $15,000 to $12,000.
Cutting the annual budget deficit won't save us anyway. It only means that we're barreling head-first into a brick wall at a slightly slower pace than before. The entitlements will still come due: "There are 77 million baby boomers now ranging from age 41 to age 59. All are hoping to collect tens of thousands of dollars in pension and healthcare benefits from the next generation. These claimants aren’t going away. In three years, the oldest boomers will be eligible for early Social Security benefits. In six years, the boomer vanguard will start collecting Medicare.

Living the Low Carb Life: Controlled Carbohydrate Eating for Long-Term Weight Loss

Jonny Bowden, M.A., C.N.S.
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In the year 2000, we spent $110 billion—virtually 150 percent of the entire California budget deficit. Fully 90 percent of the money spent on food in this country is spent on processed food. The typical American eats three fast-food burgers and four orders of fries per week. "We are," says Dr. Joe Mercola, "exchanging our health for convenience." It's time to stop. Spend a little time in the kitchen. Prepare your own food. Make your own snacks. Cook your own breakfast. Begin to look at food as a prescription drug.

Food Fight

Kelly Brownell and Katherine Battle Horgen
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If people see a public health goal rather than a state needing to rectify a budget deficit and hence develop confidence that the funds would be used for worthwhile purposes (such as creating a healthier environment for children), grassroots support may offset opposing pressures from the food industry. Under the right conditions, there probably is a future for food taxes. Public Opinion on Taxes Two recent studies addressed public opinion on various expenditures that might be made to improve diet and physical activity.

The Dictionary of Cultural Literacy

E. D. Hirsch
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Within the last two decades, "stagflation" and soaring interest rates in the 1970s and the budget deficit, foreign trade deficit, and stock market boom in the 1980s have piqued popular interest in economic issues. Less obvious but no less important, the deregulation of financial institutions by the federal government, the vast growth of pension funds within the last twenty years, and recent changes in the federal tax code have raised the threshold of financial knowledge for Americans.

20 Years of Censored News

Carl Jensen
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It noted, "The $150 billion eclipses the annual budget deficit of $130 billion. It's more than the $145 billion paid out annually for the core programs of the social welfare state: Aid to Families with Dependent Children, student aid, housing, food and nutrition, and all direct public assistance, excluding Social Security and medical care." Some of the examples of corporate welfare found by the Boston Globe include: þ The $200 million-a-year Market Promotion Program, which gives companies like Gallo and Ocean Spray enormous sums to market their products overseas.

The New Dictionary of Cultural Literacy: What Every American Needs to Know

James Trefil, Joseph F. Kett, and E. D. Hirsch
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Both economic theory and the growing emphasis on the study of business have spilled over from the universities into the public forum. The budget deficit, foreign trade deficit, and stock market boom of the 1980s and early 1990s have combined with the recent recession and decline of interest rates to pique popular interest in economic issues.



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ABOUT THE CREATOR OF NATURALPEDIA: Mike Adams, the creator of this NaturalNews Naturalpedia, is the editor of NaturalNews.com, the internet's top natural health news site, creator of the Honest Food Guide (www.HonestFoodGuide.org), a free downloadable consumer food guide based on natural health principles, author of Grocery Warning, The 7 Laws of Nutrition, Natural Health Solutions, and many other books available at www.TruthPublishing.com, creator of the earth-friendly EcoLEDs company (www.EcoLEDs.com) that manufactures energy-efficient LED lighting products, founder of Arial Software (www.ArialSoftware.com), a permission e-mail technology company, creator of the CounterThink Cartoon series (www.NaturalNews.com/index-cartoons.html) and author of over 1,500 articles, interviews, special reports and reference guides available at www.NaturalNews.com. Adams' personal philosophy and health statistics are available at www.HealthRanger.org.

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