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Originally Posted by Robbie
No Rochard...she specifically said that Trump was going to leave the Republican party in shambles
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After Bush and the last two candidates and now this lot. What else is it in if not a shambles?
Quote:
Originally Posted by Rochard
And as for the debt, when you look at it as a percentage of GDP it's not as bad as you think.
Right now our debt is high because we just financed two wars and then the economic issues. I am sure that our debt will come down in the next 8-16 years, no matter who is president. |
Compare this with manufacturing output in the US. This is a large factor that will determine our futures.
Quote:
Originally Posted by Robbie
And the only way the debt will come down is if the govt. STOPS spending so goddamned much money and the economy comes back to life.
Being "sure" that it will just magically happen isn't a strategy.
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As I've explained to you before. If the Government suddenly stops spending and stops borrowing, many lose jobs, go on welfare, economy drops, your income drops, and there's little gain. And none of it will lower your taxes except by your income dropping.
Governments are currently borrowing in the hope our children will afford to repay of the debts will be wiped out. For every $1 they borrow, the repayment is around 1-2 cents per year. Cut spending to cut debt rising, means fewer jobs and a worse economy. Cut spending to cut taxes, works only for the greedy.
Stop going to war and wasting trillions is a start. Did you vote for Bush?
Build more schools, employ more teachers so the kids who come out of school are better educated. So the US's future is improved by having more like Gates, Jobs, Zuckerberg and the people they need to make the country great. Also, switch the entire Healthcare System over to the more effective and cheaper alternative. Would be good policies for those who put their country above their own self. But many disagree.
