If And When Hillary Gets Asked About The Debt.How Do You Think She Will Answer And Explain?

:boobies::eusa_think::mm: :offtopic: And how long has Hillary been campaigning and taking questions? Why hasn't anyone asked her about the debt and what will happen if and when it gets closer to 23/24 Trillion? To the point where "Everything Collapses/Crashes To The Ground?
:slap:
Hillary never brings up any of the top issues concerning most Americans, does anyone really care about Transgenders rights to use any bathroom they want? Really? Thats a crisis Hillary?
We can only hope that someone asks Hillary about the Obama debt and how she plans to pay it off before we become Greece!
So how do you think she will answer it?
Hillary: Uh, what? ah, the debt? oh, ahh, what it is it now? 9 trillion? uh, well, at this point, what difference does it make, its not my problem. :smoke:
She already answered - tax "the rich".
yah,,,its always tax the rich even though it was democrats that pissed off the last 10 trillion, and im sure much of it paid for their second/third homes.
Yep, they say taxes need to go up then move their money to offshore accounts to escape high taxes.
Taxes aren't raised to pay off the debt, they are used to remove currency from the economy. The majority of the debt is owned by the public when they purchase Treasury bonds. Only a small percent is from Government discretionary spending. Yall should learn about what the debt really is... It isn't the same as your credit card bill.

Taxes don't appreciably decrease monetary supply, and the fed infused so much money into the economy in QE that it ain't funny. The reason the economy isn't growing is that we continue to deleverage, ie pay off debt (which takes money out of the economy) and not taking new loans. Both biz and consumers are doing this.

The problem with the debt is SERVICING the debt. As it grows larger, and faster than our econ grows, it takes an increasing % of total govt spending to pay the interest. We are approaching having to decide whether to have soc sec and medicare OR to remain a superpower.
The act of "paying the interest" is paying us/our public the interest on their Treasuring Bonds as they mature, correct? These are our retirement and investment accounts... Thus putting money back into our economy. How is that doing us a huge disservice? I'm not trying to oversimplify a very complex issue as there many other factors involved and fiscal responsibility is very important, however, I see so much misrepresentation of what the debt actually is.
 

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