Fiscal Irresponsibility

Jump to Last Post 1-1 of 1 discussions (6 posts)
  1. profile image0
    Sooner28posted 12 years ago

    http://rt.com/usa/news/us-debt-eclipses-economy-295/

    This is quite depressing, no matter which side of the aisle you are on.

    replyreport
    1. gmwilliams profile image84
      gmwilliamsposted 12 years agoin reply to this

      I read this, I am indeed SICK.   I just cannot believe this.  A worst economic depression is coming maybe even worse than my parents' Great Depression.

      replyreport
      1. rhamson profile image68
        rhamsonposted 12 years agoin reply to this

        The numbers are staggering and yet the games that we let the congress and the president play are incredible.

        The 16 trillion number is just another number to the whores on th ehill and when the time is right they thrash each other with it. Up until that time comes it is business as usual.

        Do we really need 11 aircraft carriers? Do we need to feed the world? Do we need to support the Queen? Do we need to carry on acting like we are the emporer with no clothes?

        When the fall comes we wil be burning our furniture to stay warm.

        replyreport
    2. Niteriter profile image60
      Niteriterposted 12 years agoin reply to this

      U.S. corporations are sitting on over $2 trillion in cash. That's just the cash, or should I say, just the cash they've had to reveal. If corporate leaders used their cash, their operational assets, and their collective mind power to concentrate on finding solutions for the nation's problems, the national debt would disappear in short order. The sky hasn't fallen yet.

      On the subject of corporate leaders' reluctance to use the wealth they accumulated from the country during the good times to help out during the good times, does this not look like a gut punch for trickle-down economics theory?

      replyreport
      1. rhamson profile image68
        rhamsonposted 12 years agoin reply to this

        "Greed is Good" Gordon Gekko - Wall Street the movie.

        replyreport
      2. profile image0
        Sooner28posted 12 years agoin reply to this

        Greed is the fundamental basis of a Capitalist system.  The Gordon Gekko quote Rhamson mentioned summarizes what Adam Smith said in the Wealth of Nations.

        It's not surprising the rich are still rich, and the rest of us are struggling.

        replyreport
jump to first post
 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

 Necessary
 Features
 Marketing
 Statistics

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)