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These figures are truly amazing when one considers that as recently as 1981, the cialis 20 mg split in half US actually possessed net assets of US $141 billion. Then along came a man named Ronald Reagan and such nice things as positive net worth became a thing of the past. By 1986, the country had accumulated foreign debt of US $264 billion, that is an overall loss of US $404 billion in five years. During the Reagan years, the US saw larger public deficits than at all other times in US history. Try running any company under such lunatic principles and see how long cialis interactions you stay in business.
It was sheer fallacy to think that a country can survive economically while both increasing spending and cutting taxes. The eventual outcome is obvious, yet the public swallowed Reaganomics hook, line and sinker. Reagan was re-elected, which was, presumably, his primary objective. He has since retired, claiming to have forgotten most of what he did cialis 20 mg does it work while in office, although it really need not affect him as he will be long dead before the debts that he managed to ring up are paid off. His replacement, George Bush, made a great deal of noise about the fact that America had finally won the cold war. He failed to mention the fact that it has yet to pay for this victorybuy cialis Rio de Janeiro Brazil.
The situation may not be quite as bleak for European countries, but it is still far from rosy. The welfare state has had a crippling effect on economies throughout the continent. Among European governments the average budget deficit has rocketed to a frightening 7 per cent of Gross Domestic Product (GDP). This is the highest cialis 20 mg instructions level since the end of World War П and again this number was reached by using government's own fiddled figures. The true picture is undoubtedly grimmer still. Furthermore, as all developed countries go down together, there will be no outsiders who can gallop in to save the day. For the schemers and politicians in charge of these countries, the sad truth is that their foreign friends are just as bogged down as they are. The Situation Can Only Get Worse.
All signs seem to indicate that long cialis 5 mg instructions before things get any better, they will get a lot worse. Government expenditures will reach truly astronomical amounts long before they begin to resemble anything even remotely reasonable. It is simple lunacy to operate at a level that involves borrowing close to a quarter of a trillion dollars a year. Simply maintaining interest on the national debt accounts for nearly 15 per cent of the US annual budget. If public expenditure continues to grow as it has been, expect this figure to reach one hundred per cent within your lifetime. Have you had a hard time finding financing as of late? Well, perhaps it is because Uncle Sam is now taking up 80 per cent of all available credit within the US. The only real mystery is why such a deadbeat is still considered to be a good credit risk, although cialis 5mg best price Australia apparently international investors are beginning to wonder.
Nonetheless, all western governments have little choice but to continue on this path to destruction. As public programs continue to grow, they will continue to require ever greater amounts of financing to stay in operation. Just consider the effects, cialis in Canada of social security in the US. This program was first started in 1935. Like the income tax, the public bought into it on the assumption that it would not eat away too much of their income. Yes, the tax then was an incredibly low 1 per cent on the first US $3000 of income or a maximum of US $30 per year. Did this rate stay incredibly low? Of course not, employees now pay 7.65 per cent of their first US $57,600 of income or a maximum of approximately US $4400 per year. This modern rate is 147 times higher than the amount that originally cialis 20 mg x 1 comprimido sold the plan to the public.
Still, all signs say the worst has yet to come. The laws of mathematics show that there is little other alternative. As the number of people retiring in the US increases, the number of people entering the workforce is decreasing. It is estimated that by the year 2020 there will be one retired person collecting from the fund for every two individuals working and contributing to itbuy cheap cialis Toronto online pharmacy. This means only one thing, higher taxes. Even the government admits that this rate could go as high as 37.5 per cent by the year 2020. That's just social security, meaning that to calculate your true future tax you will also have to add on whatever federal, state and local taxes future politicians can dream cialis 20 mg buy online uk up!
Other statistics show that the current value of social security's obligations exceeds the current value of projected tax receipts by more than US $1.25 trillion. Similarly, calculations by the OECD suggest that even on favorable assumptions cialis 20 mg vs viagra 100mg the present value of promised public pensions net of future contributions amounts to 216 per cent of France's GDP and 160 per cent of Germany's. These figures are three times larger than the existing public debts of these countries. What do all of these numbers mean? It's simple, just because you have spent your entire life slaving away to support a welfare state and help others retire with ease does not mean that there will be anything left in the pot when it comes your turn to collect.
As tomorrow becomes today, the problems of financing a huge and outdated extortion racket will not go away. On the contrary, all numbers show that these problems will, without exception, only continue to grow. The problems inherent in recent free lunch programs, namely future liabilities from unfunded pension schemes, will swell as populations age. When you couple these liabilities with the fact that public debt runs at cialis 20 mg yorumlar about two-thirds of GDP in most countries, it becomes clear that something will have to change, yet politicians around the world realize that it is in their best interest to make sure that nothing does change. Government Spending Can Only Increase..

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