America's Debt Denial

Discussion in 'Congress' started by Blagger, Jun 28, 2011.

  1. Blagger
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    Blagger BANNED

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    Is this stubbornly ignorant attitude towards its undeniably dangerous level of debt going to knock America from its perch? Obscurity's inevitable, you know. All of the great powers fade over time. However much their legacy endures, the Greek, Roman and British empires all faded into the background. But the question is: will America's standing in as the world's #1 superpower be overshadowed by Chinese ambition ahead of expectations?

    Is the US in denial over its $14tn debt? - BBC
     
  2. editec
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    editec Mr. Forgot-it-All

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    No, the USA is not in denial.

    It simply cannot find the political stones to solve the problem.
     
  3. Warrior102
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    Warrior102 Gold Member

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    I've been to China - trust me - they have a long way to go before catching up to the USA. We are the greatest nation on earth! Don't let the media or anyone else fool ya !
     
  4. theHawk
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    theHawk Registered Conservative

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    I think you mean liberals don't have the stones to solve the problem. Plenty of conservatives do. But they continue to be vilified by the left.
     
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  5. auditor0007
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    auditor0007 Gold Member

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    Wrong! Gutting every federal program including SS and Medicare does not show having the political stones to do anything while insisting on further tax cuts. The idea is completely delusional. So conservatives are no better than liberals who really don't want to cut anything. We need both cuts in spending and an overall increase in taxes. If this was attacked from both sides of the equation, the pain would be minimal to both sides. Instead, we have people like Tim Pawlenty who believe we can run an effective government on 13.5% of GDP. This is at a time when defense and security spending is 6% of GDP, and SS and Medicare is 8% of GDP. Not only is it laughable, it's absurd.
     
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  6. Two Thumbs
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    Two Thumbs Platinum Member

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    If the Brits, who are mostly liberal, are saying; "Holy Shit!! $40,000 a second!"

    Maybe it's time our own libs faced the fact you can't be everything to everybody.

    People have to re-learn to care for themselves.
     
  7. WillowTree
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    WillowTree Diamond Member

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    Best Post of the Day! Well said.
     
  8. dilloduck
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    dilloduck Diamond Member

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    Is there anyone left to teach them ?
     
  9. edthecynic
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    edthecynic Censored for Cynicism

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    Didn't you get the memo? REAGAN proved that deficits don't matter!!!!
    That settles it, REAGAN is God.

    "Reagan proved deficits don't matter."
    Dick Cheney

    'I don't worry about the deficit. It's big enough to take care of itself.'
    Ronald Reagan
     
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  10. Two Thumbs
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    Two Thumbs Platinum Member

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    Thier fellow Americans.

    While I'm certain there's more than a few who would turn a blind eye to another plight. Most of us would dig deep to help a person out that actually wanted to learn.


    Feed a man a fish and all that jazz.
     

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