where is america's debt?

Discussion in 'Current Events' started by blu, Jan 12, 2010.

  1. blu
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    blu Senior Member

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    Where is America’s Debt? |

    pretty insane ;(

    if we would return to the constitution limited role of the government we would be debt free in a decade at most
     
  2. xsited1
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    xsited1 Agent P

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    That's a great idea, but in order to achieve that you're going to have to convince a lot of people to vote for the right 3rd party candidate.
     
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  3. Meister
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    Meister VIP Member Supporting Member

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    yep...what he said
     
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  4. garyd
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    garyd Senior Member

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    Or attempt to fix one of the two currently existing parties and you can only hppe to repair one of them...
     
  5. uscitizen
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    uscitizen Senior Member

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    We would also be pretty unrecognizable from how we are today.
    If we still existed as a country.

    I am confident you would not like the results of what you propose.
     
  6. Meister
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    Meister VIP Member Supporting Member

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    That would be your opinion...I would be confident that you would be wrong.
     
  7. Chris
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    Chris Gold Member

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    We have the same degree of debt we had when Truman was president.

    We could reduce the debt with progressive ideas like national health insurance, but the right wants to keep Americans in debt to make the corporations rich.

    10% unemployment and profits in the billions for the banks.
     
  8. garyd
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    garyd Senior Member

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    Get real Chris our total debt now is higher than the GDP of any other country in the world.

    Chris' idea is to give the Obama even more of our hard earned cash so he can blow that on stupid ideas too.
     
  9. uscitizen
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    uscitizen Senior Member

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    Ahh is this the old % of GDP bollocks?

    Ok lets start by taking 1 trilloion out of next years budget and then make all subsequent budgets balanced and then pay 1 trillion per year on the debt.
     
    Last edited: Jan 13, 2010
  10. Chris
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    Chris Gold Member

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    Wrong.

    Reagan and the Bushes created the 92% of the National Debt by reducing taxes on the rich.

    Check out this link....

    ReaganBushDebt.org
     

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