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Re: The US has more debt than it has money ...

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Davdanther is not online. Davdanther
Joined: 24 Oct 2008
Total Posts: 3480
21 Sep 2014 02:44 AM
The US has more debt than it has money ...

Shouldn't someone be doing something about that?
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iRequestErrors is not online. iRequestErrors
Joined: 27 Jul 2014
Total Posts: 1330
21 Sep 2014 04:09 AM
They really can't do anything about that but cut costs.. mainly the army.
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rachetandclank2 is not online. rachetandclank2
Joined: 27 Feb 2009
Total Posts: 10812
21 Sep 2014 05:41 AM
nah because congress would lose it's leverage
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Zech9005 is not online. Zech9005
Joined: 03 Jul 2011
Total Posts: 3417
21 Sep 2014 06:04 AM
Trim the military and legalize herb.

If congress can then agree on a budget we'd actually have it balanced for once.
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Plexahedron is not online. Plexahedron
Joined: 22 Jul 2013
Total Posts: 9609
21 Sep 2014 07:41 AM
Wow, this is news to me!
Not.
And a nations economy is never easy to fix m8, we are trying as hard as we can.
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JulianHallstrom is not online. JulianHallstrom
Joined: 29 Apr 2012
Total Posts: 2765
21 Sep 2014 08:36 AM
Isn't this every government ever, mate.
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AtheistWithAFedora is not online. AtheistWithAFedora
Joined: 07 Sep 2014
Total Posts: 643
21 Sep 2014 08:40 AM
Yea but 5 trillion of that debt is owed to ourselves.
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warmboy29 is not online. warmboy29
Joined: 01 Jun 2013
Total Posts: 2687
21 Sep 2014 09:25 AM
"Isn't this every government ever, mate."


The US has the most debt than any other country at 13 trillion dallors.

We owe a lot of money to china as well.

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jjj344 is not online. jjj344
Joined: 19 Dec 2010
Total Posts: 12709
21 Sep 2014 09:32 AM
We are at $17,750,317,100,000 dollars right now.

Take that one shot because if you do, you hold the keys to change the future.
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IridiumFlare is not online. IridiumFlare
Joined: 03 Feb 2009
Total Posts: 18587
21 Sep 2014 09:40 AM
Most countries are like that.
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Dulexo is not online. Dulexo
Joined: 07 Mar 2015
Total Posts: 32755
21 Sep 2014 09:50 AM
lol good
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0Z0NE is not online. 0Z0NE
Joined: 25 May 2010
Total Posts: 7951
21 Sep 2014 01:11 PM
Cut social welfare and social security programs, they shouldn't exist, period.

Trim the size of the military down a bit.

Sell surplus military equipment to other countries.

Legalize ganja and tax it to hell.
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AtheistWithAFedora is not online. AtheistWithAFedora
Joined: 07 Sep 2014
Total Posts: 643
23 Sep 2014 04:20 PM
>"Cut social welfare and social security programs, they shouldn't exist, period."

Sorry, I'd have to disagree. I think using social Darwinism as a model for running our country is not a good thing, which is exactly what you're proposing.

With no safety net programs, the large will crush the weak. If you can't get a job, you'll just starve to death on the streets. Especially social security. Without this, the elderly, who can't work, will die off. Which I think is immoral.

Welfare isn't a bad thing at all. People like to lie to you and say only lazy people use it, but only 1% of welfare has been shown to be fraud. 99% of it is people using it who actually need it. It's not like you can go on things like unemployment forever. You can only go on it for a certain amount of time, unless you're working full time, then you can get welfare just to help make ends meet since many jobs don't pay living wages in this country.

It's not like this is even a financial problem. We can easily pay for all this if we trimmed town the military, as you said. The military takes up 30% of the budget. Cut that to 10% and we have fortunes to spend on this program. We could afford to give everyone free healthcare, rather than just the elderly. I mean, if Canada could have a good free healthcare system, why can't we?

And before you say their's is bad, let me respond a few disproven myths: The wait times in Canada for healthcare are not ridiculously long, and Canadians aren't coming to America for healthcare. Both of these are disproven and just falsehoods.



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Zech9005 is not online. Zech9005
Joined: 03 Jul 2011
Total Posts: 3417
23 Sep 2014 04:26 PM
Yeah, if you think only 1% of the people on welfare are fraud, you need to expand your horizons.

Seriously. Visit an inner city. Or Trailer park.

Other then that, I agree with you.

And 0zone, if you "Tax it" to the point it's ridiculous, nobody is gonna buy from dispensaries. Moderately tax is like Cigs and i'll gladly pay a little extra for every purchase to be legal.
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bbt is online. bbt
Joined: 23 Nov 2007
Total Posts: 3603
23 Sep 2014 04:31 PM
"People like to lie to you and say only lazy people use it, but only 1% of welfare has been shown to be fraud."

agree with most things you said but would appreciate source on this since i have trouble believing that
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Neraj1 is not online. Neraj1
Joined: 21 Dec 2008
Total Posts: 2017
23 Sep 2014 04:34 PM
As long as there are banks all governments will be in debt.
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Falcon4point0 is not online. Falcon4point0
Joined: 30 Apr 2014
Total Posts: 3075
23 Sep 2014 04:37 PM
We could pay it back fasterif we stoped devalueing our money by printing so god damn much of it
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IridiumFlare is not online. IridiumFlare
Joined: 03 Feb 2009
Total Posts: 18587
23 Sep 2014 04:58 PM
Also OP confirmed for not understanding how national debt works. PROTIP: It's not anything like credit card debt
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lnplodedalt is not online. lnplodedalt
Joined: 18 Mar 2014
Total Posts: 12637
23 Sep 2014 04:59 PM
"We owe a lot of money to china as well."
We do owe a lot of money to China, but that's not the country the most debt is owed to from the USA.
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xKodiac is not online. xKodiac
Joined: 02 Jan 2012
Total Posts: 719
23 Sep 2014 05:49 PM
I found out, even with the debt, that the UK is poorer than every US state except fro Mississippi.
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al648 is not online. al648
Joined: 29 Jun 2008
Total Posts: 21067
23 Sep 2014 05:57 PM
Actually most countries are in debt. Claiming debt would practically be an act of war.

The Chezburger Lover, ♥❶❸❸❼♥
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Stonixx is not online. Stonixx
Joined: 05 Jun 2010
Total Posts: 2781
23 Sep 2014 07:36 PM
Keneysian economics.
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daveism is not online. daveism
Joined: 21 Aug 2013
Total Posts: 573
23 Sep 2014 11:35 PM
2/3 of that debt is to ourselves (federal reserves, local governments, etc.)

and it isn't a measure of "how much we owe china/how much china owns us/why amurca le-teriialer suckles xD"

you know what much of that debt is?

borrowing between branches of the government
trust funds
pensions
bonds
mutual funds

and fun fact - less than 10% of our debt is owed to china!

"Cut social welfare and social security programs, they shouldn't exist, period.

Trim the size of the military down a bit.

Sell surplus military equipment to other countries.

Legalize ganja and tax it to hell."

upper class trust fund kid detected

and we already do

and people would complain about the ridiculously high price of herb and keep buying it from the shady dude in apartment 8c
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shikaro510 is not online. shikaro510
Joined: 30 Oct 2008
Total Posts: 3512
24 Sep 2014 02:11 AM
And what's worse china will surpass the united states to become the worlds biggest economy sometime soon, Because it has lower debt. Only heard it in the news though. If this continues not only is there going to be a cuts in the military, But also in other things. Were talking about food stamps,Insurances etc. Note that It's in Orange-yellow condition in Economic growth stats.
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bobos22 is not online. bobos22
Joined: 07 Aug 2008
Total Posts: 4063
24 Sep 2014 02:49 AM
That debt doesnt do anything. Its just growing number.
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