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Originally Posted by Minte
Honestly, Paul...no one knows. If they did do you actually think the nation would be in such lousy shape? Obama has had his shot. Things have only gotten worse. Our credit rating is down and we owe $16T.
You can pick around about subs and aircraft but that's only a small part of the problem. As I answered early in this thread. We could build 2 nuclear submarines every day of the week with what the government is spending. We could build enough nuclear weapons everyday to wipe a continent off the map with just the interest on the money we pay every day.
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I agree with you about reducing the debt, I don't agree with you about how. Romney will not do it and he's pledging himself to expenditure your grandchildren can't afford.
Are you ready to pay more in taxes to
reduce the debt growth?
Are you willing to have a less affluent life style so the country can run on less debt?
Are you willing to pay more in taxes to cover the unemployed that will be created by reducing the debt?
Are you willing to get less joins because everyone is living on less money?
Are you willing to pay more for food because the farmers won't be getting subsidies?
Are you willing to stop buying cheap imports from the 3rd World?
Or are you dreaming the debt will be reduced with no pain to you?
look at Greece, Italy, Spain, Portugal for examples of what happens when Government stops spending. They are in a far worse position then most, so also look at the UK for an example.
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Maybe I am a voter that thinks a government should NOT put our grandchildren in a debt position.
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The money the Governments spent went into the system and circulated to
everyone. What will you do to make sure your grandchildren aren't saddled with your debts?
Quote:
Originally Posted by GAMEFINEST
we are spending way too much money.
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When we decide to stop spending, we might get the debt down.