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?
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...
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.
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.
by IslandBites18 months ago
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by tobey1006 years ago
In then Senator Obama's own words, March 2006, "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the United States government cannot...
by mio cid6 years ago
The republican position is that under no circumstance will they allow any tax raise as part of the negotiations to raise the debt ceiling.They also want spending cuts, right now,significant in quantity,and across the...
by phion5 years ago
Can someone please tell me what our current president has done to help you? I can't think of how anything the democrats in congress or the President has tried to do has helped me. I hope there is someone out there that...
by Thomas Byers5 years ago
No we didn't fall off the cliff but the Debt Ceiling Crisis is still looming out there and will have to be dealt with sooner rather than later. I'll bet you this is waking up many politicians including the President in...
by zzron5 years ago
Maybe the word hate is a little strong. So why do people dislike President Obama and the way he is running the country? Are you an Obama fan? Yes, no, what is your opinion of Obama and his policies?
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