At least in comparison to how worried I should be about ours
I often notice a lot of concern by Americans about their constantly rising levels of debt, so I thought that I would investigate. I have since done a simple hub which shows that America's debt situation really is not that bad (yet).
Although concern about rising debt is understandable, my simple analysis (ok, so it is in laymans terms) shows that you are a long way from bankruptcy yet
I know that I am not supposed to promote hubs, so cant post the URL, but thought that it might be a good discussion point.
Yeah, you definitely are in a position to tell what Americans should or should not do. Thank you, our condescending.
Oh, and btw, L@@K, SPAMMER!
My one bit of spam beats your 8500+ bits. You are the single biggest spammer and fanner on this site.
I am afraid not everybody share your attitude
I know Misha, you seem to be very popular - fair play. Its just my personal opinion, I am not claiming that this is shared by others. I took a dislike to you as a newbie, doesnt need to be justified. I just cannot see what this site as an entity gets out of you, particularly in relation to what you clearly take out of this site.
A lobster about to be boiled alive in a pot probably thinks "Hey, the temperatures rising, but it's not too bad".
Debt is fine if it's for productive purposes that generate income.
Very little of the debt being generated by all the "stimulus packages" around the world is being used for productive purposes that will generate future income.
We are enslaving our children and their children with a mountain of debt. But we'll be OK - hey that's all that matters, dunnit?
I understand exactly what you are saying Eric. I guess that the main concern is whether debt is repaid when GDP rises once more. If you need to borrow $10 from your neighbour, you pay this back on payday
But your damn right about the generation thing, hence the reason I said 'yet'. In fact, as a 24 year old myself, I will be paying for my countries debt for the rest of my life - in taxes, in cut backs in public serves, in one way or another I will be paying for the spending of yesterday.
So yes, I can understand exactly what your saying.
I agreed. Rising debt of America is really a concern for all US citizens. They are in problem and it will rise if people ignore it.
One may read hubs about financial problem of America or economic crisis of America.
Thanks,
Jyoti Kothari
I realize that we are not in trouble 'yet.' Speaking only for myself, the biggest problem isn't where we are now, but where the road is leading 10 - 20 years from now. People get use to spending, governments get even more use to it. I don't see then decreasing spending so it simply means a larger tax burden in the future. I would love to be wrong, but I am not planning on holding my breath.
Well that is a carbon copy of the way the UK has become so deeply into debt. At current you have a falling salary (Recession), so you take a bank loan (External Debt), you can either repay this bank loan when your salary increases again (Recovery/Growth), or you can let it sit their and build interest. Which is exactly what the UK did.
A good country to look at as an example of how to operate are Japan, external debt of just 35% of GDP. Considering their past problems, thats pretty good going. Considering they too have used economic stimulas in the past.
You both can be nice guys. Why the fighting? Unless you're fighting over me, I just don't see the point.
Of course over you! Is there any worthier reason to fight?
Its not over you Colebabie, but Im sure that you are well worth fighting over - as I am sure your boyfriend will testify
I'll kick both of your asses if Colebabie is the prize!
Colebabie has left the room.
We've gone off somewhere for a drink, and left you two bull elephants here to slug it out.
There is no fun without Cole, Eric. Not worth the effort.
Maddie will come tomorrow, and decide whether this thread was posted in a good will or not. I am content with her decision.
Referring wa-ay back to the actual title of the thread, I can say with certainty that I am not in the least concerned about our national debt. I am concerned about my personal debt.
In theory, I should actually be able to do something about the latter....
I'm not sure that's allowed on these forums
by Mike Russo 10 months ago
by Tim Mitchell 6 months ago
From Riches to Rags: Causes of Fiscal Deterioration Since 2001 by Committee for a Responsible Federal Budget (Jan 10, 2024) says;https://www.crfb.org/papers/riches-rags … ation-2001 [Who in the hell are those people. There about page is at the next link.]https://www.crfb.org/staff-members“In...
by John Sarkis 12 years ago
Do you think African Americans should get reparation for having been descendants of slaves?As slaves, African Americans Peoples were marginalized, discriminated, abused and oftentimes even killed. Many agree that as a result of the awful treatment their ancestors had to endure, the current...
by Jack Lee 5 years ago
The Trump administration is increasing tariff to 25% with trade with China. This should bring in much $$$ to the treasury. Where does this money go?Shouldn’t this reduce our national debt?Yet, we still see deficits year after year...why?Where is the extra spending?We need accountability for all the...
by Susan Reid 11 years ago
Gee. I've been led to believe it's all Obama's fault.Guess that's simply NOT TRUE!http://youtu.be/LcvLHHMC4iI
by SheriSapp 8 years ago
Why do the liberals insist on more deficit spending when the nation is BROKE?Why do the liberals REFUSE to understand that the deficit spending MUST be stopped or the nation will become premanently bankrupt?
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
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.
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 DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This 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 Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This 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 Libraries | Javascript 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 Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This 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 YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This 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 Login | You 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) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We 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 Pixels | We 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 Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore 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 Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |