And I don't mean the symbol of the GOP. I mean the issue that's behind most of the division and anger. Money and Debt.
"These data suggest that wealth is concentrated in the hands of a small number of families. The wealthiest 1 percent of families owns roughly 34.3% of the nation's net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%. "
But I have seen the same statistic on Ron Paul's web site. Do the research and you will find it's a fact.
The Net National Debt is 8.2 Trillion and growing. The level of debt is 70% of the Gross Domestic Product, historically manageable - but at some point in time it has to go down or GDP has to grow so significantly that it shrinks the debt as a percent of GDP. Spending has to level off and/or taxes have to rise.
To me, it makes sense to tax the wealthiest 10% of the population and this is to conservatives - heresy so great that they froth at the mouth at the thought that I might be thinking it.
IMO it's the issue - the real issue. Liberals in D.C. are afraid to say out loud 'RAISE TAXES ON THE RICH' and conservatives dance around the fact they worship the aristocracy and are willing start a civil war to defend those fortunes.
There's lots of rhetoric and posturing about racism and the Constitution and about 'State's Rights' and property rights and socialism and on and on and on. The left and the right both talk in code until the real issue is shrouded. I'm eager to hear your thoughts.
My opinion, is that if you put B/S after every statement a politician promises ,then you wont need to ever worry about decoding anything.
I have never seen a politican or lawyer in prison ,charged yes , but do time , nope.
Sorry if Im simplifying your post ,just adding my 2cents worth
The national debt is something worth worrying about. As soon as the economy is in the clear balancing the budget will be a priority. The two big items are the military and Medicare.
Well, then, let's draft all the old people and get them killed in Afghanistan! (Kidding)
I mean, old people are often seen watching Fox News and saying things like, if I could just get my hands on that Osama Bin Laden... why not give 'em a shot? And get additional troops for the army?
I say tax the hell out of them! It won't be enough. We need to build up the middle class their the consumers and the tax payers. If we let that slip by I will have some serious concerns about our country.
We'd be better off if everybody just got rich. Government makes it nearly impossible for anyone to run a small business.
Lets get real and start to face the reality of things.
No country with a NWO puppet in charge will EVER balance its budget. This includes the USA, UK, and most of Europe.
The banksters will keep the countries of the world in ever increasing debt, all the better to control them or when the moment is right, move in and steal their national assets.
This is no longer a conspiracy theory it is unfortunately, now a fact.
O rlly? Do you have any bloody evidence?
The evidence is everywhere. Look at the bank bailouts in USA, UK, Germany etc . .money which increased debt in all of these countries by billions, but with no benefit to the countries concerned.
Look at the situation unfolding in Greece where Goldman Sachs were brought in to advise the government, and helped to hide its financial situation, and increase its debt to unsustainable levels, with the goal of handing the country over to the IMF, which is controlled by the banksters.
Look at the Federal Reserve. A private company which loans money (debt) to the US Govt, pulls its purse strings, and effectively owns the USA, its economy, and its people.
Look at the guest list of the last few years Bilderberg meetings. All the finance ministers of the puppet governments are there. Geitner is a prominent member, as are the finance and foreign affairs ministers from most European countries. These people all work to a common agenda. As one of them said "Politics is too important to be left in the hands of politicians".
But don't take my word for it, look it up on the Internet for yourself.
by SheriSapp 3 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?
by American View 7 years ago
OK I give up. Armageddon is coming. President makes threats, talks down to Americans, Dems plan has fake cuts and they refuse to look at Repubs offers, Repubs balking at Dems offers saying no raising the taxes. No wonder Bachmann has a migraine. Forget politics, forget which plan you think is...
by ryankett 7 years ago
Firstly, let me point out that I am a full supporter of the continued efforts in Afghanistan. Whilst I am still slightly cynical of the possible underlying motives, there can be no doubt that the country under Taliban rule was one which seriously oppressed its people and was (and still is) a school...
by ThunderKeys 6 years ago
Is there anyone reading who can explain the global economic crisis simply and objectively in just a few paragraphs? When I try to find information to understand what's going on with the Euro and with the US economy, there is so much biased nonsense. Everything from unhelpful off-topic political...
by Jack Lee 10 months ago
Let me be consistent and bring up the topic of our debt, which was doubled under Obama’s 7 years to $20 trillion and now under the first year of the Trump administration is rising to $20.5 trillion. It is Congress’s mandate to control spending. Let’s hope they have some backbone and say no to...
by Myn Is Me 6 years ago
What is meant by the National Debt?
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|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.|
|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.|
|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.|