What is your solution to America's debt problem?
With a $15 trillion and climbing Congress is looking at ways to reduce deficits by cutting spending and raising taxes. Of course by doing this it can create an economic slow down thus increasing your overall debt. Should lawmakers be focused on higher taxes or spending cuts. Who should pay? And where should spending be cut?
Historically, wars are what bankrupt nations. Pull our troops out of every country they are in and cut military spending down to a very modest level. Our economy will briefly shift and then flourish. We would even be able to lower taxes and still pay down the debt.
Legalize marijuana. I'm not a smoker myself, but we Americans waste our time and money tracking down people who grow/ distribute marijuana. As I've said I don't currently smoke it, and I'm not sure if I'll be going back, but marijuana never made me want to kill or hurt anybody. If anything it made me a more relaxed and friendly person. We waste billions paying for prisoners who are locked up for marijuana related offences. Just because you smoke marijuana, doesn't mean you're a bad person. America should legalize marijuana, and spend more time cracking down on more hardcore drugs/ dealers instead. As a side note, if marijuana were to be sold in stores you would have less violence on the streets. I know more than one person who has been robbed just for marijuana. Additionally, the government would be able to tax it. This is a very simple solution.
To which country in the two American continents are you refering, or do you mean allof them?
since Canada is part of america, i don't worry about our debt too much. now if i lived in the U.S., getting rid of their form of Capitalism would be the first thing i would do.
by Peter D.4 years ago
I am just curious what most people will answer with, but I think I know what the answer is going to be....
by logic,commonsense7 years ago
Read an article on MSN that the projected deficit for this year is 1.5 trillion dollars. Makes bush look like a piker with his measly 3-400 billion dollar deficits.Course there will be those that forget that bush...
by FitnezzJim11 months ago
Why has the National Debt Clock gone down in recent months?Screen captures from Usdebtclock.org from December 16, 2016 and March 26, 2017 show that about a $90 billion decrease in their estimate of the United States...
by leeberttea7 years ago
How's that hope-y change-y thing working out for ya?3% growth is better than what we've had the past 2 years but will we actually be able to achieve it once the new taxes kick in? What about the debt crisis in Europe?...
by American View5 years ago
Nancy Pelosi was on Fax News last Sunday continuing to claim their is no spending problem. She also claims that sequestration was wrong. First, if it was so wrong as she admittedly claimed, why did she so vocally...
by Ralph Deeds4 years ago
Economists Agree: Solutions Are ElusiveBy EDUARDO PORTERPublished: April 23, 2013 "Last week the International Monetary Fund hosted a conference of some of the world’s top macroeconomists to assess...
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