View Single Post
Old 10-08-2012, 04:42 PM  
Minte
Babemeister
 
Industry Role:
Join Date: Jun 2001
Location: Madison
Posts: 7,081
Quote:
Originally Posted by Paul Markham View Post
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.



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?



When we decide to stop spending, we might get the debt down.
Paul, You need to change to DECAF.
Minte is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote