our national debt is over 15 Trillion and each American owes

Discussion in 'Politics' started by Lovebears65, Jan 30, 2012.

  1. Lovebears65
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    Lovebears65 Gold Member

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    189,000 dollars. This is unacceptable . And obummer wants to borrow more. Give more entitlements of which most are not funded like the 99 weeks of unemployment .. The left sure likes these but and dont care where the money comes from:cuckoo:
     
  2. 1_Old_Man
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    1_Old_Man Member

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    Do you have a source for those rather larger than usually reported numbers? Oh, and do you know that a significant portion of what is called the National Debt is money owed by the Agencies to the Social Security Administration - money we owe to ourselves?
     
  3. Full-Auto
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    Government - Interest Expense on the Debt Outstanding

    Government - Historical Debt Outstanding – Annual

    You mean we have to borrow to make promised pay outs?


    DO YOU EVEN KNOW THE AMOUNT OF WHAT THAT SIGNIFICANT PORTION IS?
     
  4. Full-Auto
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    Full-Auto Gold Member

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    Wait until those forty plus million need medical premium subsidies.


    YOU AINT SEEN NOTHING YET.......................
     
  5. Seawytch
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    Seawytch Information isnt Advocacy

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    Wow...so who is responsible? Reagan who increased our debt by 189% or Bush II who increased it by 89%? Oh I know...you want to blame it on the guy that took over one of the worst economic situations of our lifetime.

    Do you also blame your hangover on the guy making breakfast?
     
  6. 007
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    007 Charter Member Supporting Member

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    U.S. National Debt Clock : Real Time

    [​IMG]
     
  7. LilOlLady
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    LilOlLady Gold Member

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    Don't believe everything you hear on FOUXNEWS. Even if it is true, that will all change when people go back to work and stimulate the economy. Lets dwell on the now and the future is not the problem. We may not even have a future to worry about now.
     
  8. DiamondDave
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    DiamondDave Army Vet

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    You and those like you love to use that excuse for Obamalama... yet you fail to do the same for Reagan and Bush II who inherited horrific situations from Carter and yes even Clinton...

    There is enough blame to go all around... the various Presidents, the congresses, and yes even your beloved uber-spending Obamalama
     
  9. LilOlLady
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    LilOlLady Gold Member

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    Because spending stimulate the economy. Any spending. Cut spending and programs for the poor and the poor will take what you have by force. IF borrowing is necessary to stimulate the economy, then borrow. then worry about paying it back with the revenue on stimulating. WE civilians borrow all the time when we use credit cards, etc. Americans are at fault themselves if thats the case.
     
  10. uscitizen
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    uscitizen Senior Member

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    Was all of that debt accrued under Demoncratic presidents/congress?
     

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