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How do you think America will get out of debt?

  1. mediawizard profile image67
    mediawizardposted 5 years ago

    How do you think America will get out of debt?

    The goverment wastes 1 trillon a year, not even tring to cut even?  Do they think there deficate level will go up WITH the debt?  What is your take on this?  How should the gov. deal with itself?

  2. Routledge profile image78
    Routledgeposted 5 years ago

    Hard work. Galvanizing the people who leech off the government and Obama supports to become the middle class instead of sucking Billions a month off those who CAN find jobs.

    People not buying foreign. I will write a hub about that!

    Cut special interest groups off...just because 10people make a fuss, don't give them 100million...

  3. Ellieface profile image42
    Elliefaceposted 5 years ago

    Honestly, I don't really see the government doing ANYTHING to help the current debt situation. I see the people being the ones to change things. I have this idea that some type of revolution in this country will have to take place before the government does anything to change our current situation (the astronomical debt and all the other mounting problems this country currently faces.) Our joke of a government is going to have to have their asses handed to them before they do anything (or be completely replaced with COMPETENT people), and we the people are going to HAVE to be the catalysts for this to take place.

  4. Attikos profile image79
    Attikosposted 5 years ago

    Big deficits, which result in huge debt, are a tool by which wealth is taken from future earners for redistribution to special interests today. Essentially, it's a method by which unprincipled pols peddle influence and buy votes. Given the current political system in the US, government has no motive to solve the problem. Both parties pump out rhetoric about controlling deficits, with the demwits tending to talk up higher taxes and the retardicans lower spending, but once in power neither party reverses the direction in which the national state is going.

    It may be valuable to recognize that the national debt is owed by the nation-state of the United States, not by the nation of the American people. That may seem a distinction without a difference, but as the runaway train of the US government hurtles down the track toward its inevitable wreck it may become a more important one. Whether or not it does has no effect on the direct answer to this question, though. The US will not get out of debt. It cannot. The die is cast.