CD said
If you look at the chart I posted before, the government debt was being paid down in the nineties, so it CAN be done.
Paying down and paying off are two separate things. Just look at all the people who will NEVER PAY OFF their credit cards.
The truth is that THIS administration has flat out, out spent any other administration in history and it has only been in place for two months.
And less we forget not only are we talking the deficit here, but the second part of the equation is the
National Debt at almost 14 trillion, that no one seems to bring up...
Further more no one is talking about all the "reforms" going into place sure you might not have as much federal tax to pay in the next couple of years as you did in the past, but the cost of elec/gas/coal/cars/products will rise dramatically because of the "reforms" It is truly a bunch of BUNK and we are paying for it.
When will we grow a spine and quit treating this like a football game and voting for "our side"? (yea we win) When will get a grip on these guys and vote out all the incumbents, regardless of party lines, who are not doing their jobs and severely damaging this country?
Our government was set up to serve the people. It is high time that all of them stand and be accounted for or get the boot.
We need strict laws in place, for accountability, term limits, and most of all the American people should dictate what their (the politicians) pay and health benefits are.
And for all the people who put themselves in debt because they couldn't control their urges and don't know the difference between a Need and a WANT I say let them get their just desserts. Their credit should be cut off permanently until they pay what they owe.
I have no problem with the Government helping the old and disabled, but for other things that is what charities are for and our charitable organizations along with the compassion of the American citizen are the best in the world. If we put the rest of the world on hold for a couple of years we would have plenty of funds to get ourselves turned around.
Bottom line is we are in this mess for two reasons.
#1 people spend to much and are used to getting something for nothing.
#2 Our leadership ( as a whole) enables these people and doesn't have any back bone to stand up and do what is right for the country..
You cant spend your way to prosparity.
A company can invest its way to profits because it has goods or services to offer. The Government HAS NO GOODS OR SERVISES so therefore it can not make a profit, its job is not to make a profit its job is to spend our money wisely in the defense of this nation and the protection/safety of the people.
Just my 5 cents worth because 2 cents isn't good enough anymore, and by next week it will be up to a quarter..
Hey CD,
By the way just what is the percentage that Warren Buffet pays in Taxes?
I cant seem to find that info anywhere, how do you know what it is?
If I could keep my job for 10 years or just get 2 years of Warren Buffets taxes, I would choose the latter.
Keep taxing the rich and they will either say:
Pass it on to the consumer.
Cut jobs and make the workers work harder to make up for it.
Or hell it ain't worth it lets move the company to X country.
So I ask you which one of these are you in favor of?
"It is a cruel thought, that, when we feel ourselves standing on the firmest ground in every respect, the cursed arts of our secret enemies, combining with other causes, should effect, by depreciating our money, what the open arms of a powerful enemy could not." --Thomas Jefferson to Richard Henry Lee, 1779. ME 4:298, Papers 2:298