NW3
|
  |
| Joined: 28 Mar 2011 |
| Total Posts: 1216 |
|
|
| 28 Feb 2013 05:32 PM |
We're going to head over the fiscal cliff again very very soon.
Congress was supposed to vote on how to balance the federal budget earlier this year, but the two parties couldn't agree on a decision. The democrats wanted to create new taxes, which in reality is the ONLY way to balance the budget because the republicans won't agree on creating more spending cuts. Even though the republican representatives know this, however, they will not add new taxes because they know that their base will not re-elect them in two years if they do.
Because of that, they decided to postpone the decision. But they can't do it for much longer.
The thing is, if congress can't balance the budget soon, we're going to head into another recession. MILLIONS AND MILLIONS OF PEOPLE ARE GOING TO LOSE THEIR JOBS.
Soon after that, we're going to have another government shutdown. No more government offices. Public transportation, postal service, anything run by the government will no longer be available. Social security, unemployment checks, medicare, medicaid--all gone.
tl;dr: Congress cannot agree on a way to prevent us all from entering a recession and going broke, so overall, greed, stubbornness, and love of power is going to destroy our economy. |
|
|
| Report Abuse |
|
|
| |
|
Kleme
|
  |
| Joined: 28 Jun 2010 |
| Total Posts: 7383 |
|
| |
|
NW3
|
  |
| Joined: 28 Mar 2011 |
| Total Posts: 1216 |
|
|
| 28 Feb 2013 05:34 PM |
| @Shred - But it's becoming an increasingly large problem. We're going to topple over within days. |
|
|
| Report Abuse |
|
|
Grayssake
|
  |
| Joined: 14 Oct 2009 |
| Total Posts: 26374 |
|
|
| 28 Feb 2013 05:35 PM |
| If it happens, IM OUT OF AMERICA! |
|
|
| Report Abuse |
|
|
NW3
|
  |
| Joined: 28 Mar 2011 |
| Total Posts: 1216 |
|
|
| 28 Feb 2013 05:37 PM |
| I never thought we'd ever have another government shutdown, but the way things are looking, that's the only path a recession will lead. |
|
|
| Report Abuse |
|
|
NW3
|
  |
| Joined: 28 Mar 2011 |
| Total Posts: 1216 |
|
|
| 28 Feb 2013 05:41 PM |
| Just watch the stock market crash. |
|
|
| Report Abuse |
|
|
| |
|
Skellor
|
  |
| Joined: 01 Jul 2011 |
| Total Posts: 66606 |
|
|
| 28 Feb 2013 05:43 PM |
the sky is falling!
the sky is falling! |
|
|
| Report Abuse |
|
|
| |
|
Skellor
|
  |
| Joined: 01 Jul 2011 |
| Total Posts: 66606 |
|
|
| 28 Feb 2013 05:45 PM |
"We've already fallen off."
as soon as the terrorist muslim hussein obama was elected |
|
|
| Report Abuse |
|
|
| |
|
Skellor
|
  |
| Joined: 01 Jul 2011 |
| Total Posts: 66606 |
|
|
| 28 Feb 2013 05:48 PM |
"Obama Has no real Birth certificate and if he did it would look like this:"
except the one that he showed back in 2011 |
|
|
| Report Abuse |
|
|
|
| 28 Feb 2013 05:51 PM |
@Skellor
No proof that is real. Also, Obama has been the only president that has had just about all of his personal life kept from the public. Like his grades in school and whatnot.
Bringing the death by Konami! |
|
|
| Report Abuse |
|
|
Skellor
|
  |
| Joined: 01 Jul 2011 |
| Total Posts: 66606 |
|
|
| 28 Feb 2013 05:53 PM |
"No proof that is real."
of course
any proof that obama was born in hawaii is fake
its a self winning argument for republicans because there is never a right answer
"Obama has been the only president that has had just about all of his personal life kept from the public. Like his grades in school and whatnot."
except none of that has any effect on his presidency and its just stupid nitpicking to find more trivial things to criticize the president about |
|
|
| Report Abuse |
|
|
|
| 28 Feb 2013 05:53 PM |
| @Moris - Technically, you're right. We fell off earlier this year. They've been trying to "unofficially postpone" it. But we definitely haven't entered a recession yet. |
|
|
| Report Abuse |
|
|
| |
|
HotMinute
|
  |
| Joined: 24 Feb 2013 |
| Total Posts: 12 |
|
| |
|
Skellor
|
  |
| Joined: 01 Jul 2011 |
| Total Posts: 66606 |
|
|
| 28 Feb 2013 05:55 PM |
"But we definitely haven't entered a recession yet."
we just got out of one and it looks like were gonna hit another one |
|
|
| Report Abuse |
|
|
|
| 28 Feb 2013 05:56 PM |
"we just got out of one and it looks like were gonna hit another one"
I've said that we're about to enter it at least three times in this thread. And no, we haven't JUST gotten out of one. It was a few years ago. |
|
|
| Report Abuse |
|
|
|
| 28 Feb 2013 05:57 PM |
| aka December 2007 – June 2009 |
|
|
| Report Abuse |
|
|
HBK1200
|
  |
| Joined: 03 Jul 2010 |
| Total Posts: 314 |
|
|
| 28 Feb 2013 05:59 PM |
My friend's mom already lost their job due to this.
#~UNACCEPTABLE!!!!!!!!!!! Lemongrab!~ |
|
|
| Report Abuse |
|
|
|
| 28 Feb 2013 06:00 PM |
| And millions more soon to follow, Finn. :/ |
|
|
| Report Abuse |
|
|
EcoNinja
|
  |
| Joined: 22 Jan 2011 |
| Total Posts: 3202 |
|
|
| 28 Feb 2013 06:00 PM |
"MILLIONS AND MILLIONS" 725,000 |
|
|
| Report Abuse |
|
|
|
| 28 Feb 2013 06:01 PM |
>I never thought we'd ever have another government shutdown
history is known to repeat itself |
|
|
| Report Abuse |
|
|