US National Debt frozen since March.....Whats going on?????

Discussion in 'Economics' started by achilles28, Jul 19, 2015.

  1. Zestilio

    Zestilio

    Just read how the presidential candidates would confront $18.6 trillion of U.S. debt. You know how? Nohow. I guess they dont even understand what's that. Not a single good idea. What would you do if you had enough authority? Just curious.
     
    #11     Jul 27, 2015
  2. loyek590

    loyek590

    in order for a president to attack the debt, he needs to present it as a clear and present danger. When Hillary was sec of state she was asked, "What is the greatest threat to America today?" and she replied, "The debt."
     
    #12     Jul 27, 2015
  3. Zestilio

    Zestilio

    She doesn't know how to handle it but says she will help families by “defending and enhancing Social Security and making it easier to save for the future.” Quite leftist, no? Wasn't Obama blamed for being a socialist? Or americans just love to step on the same rake?
     
    #13     Jul 27, 2015
    SunTrader likes this.
  4. loyek590

    loyek590

    where the hell are you from? You know nothing of USA politics. Reminds me of when the republicans were threatening to default on the debt, and Europe was going crazy and USA was going shopping.
     
    #14     Jul 27, 2015
  5. Zestilio

    Zestilio

    Freaking out is a good option. Though I prefer a discussion. What in my commnet bothers you? There's a solid background for words like these.
     
    #15     Jul 27, 2015
  6. loyek590

    loyek590

    it's one thing to listen to what a politician says, but don't drink the kool aid. All politicians are socialists. They produce nothing, so all they have to sell is their vote. And like a good socialist, they sell their vote to transfer money from one group to another. All these words you hear coming out of a politicians mouth are simply advertising slogans for domestic consumption. When Hillary says she is for the poor, that's the same as Nike saying they are for athletes.
     
    #16     Jul 27, 2015
  7. SunTrader

    SunTrader

    That was Navy Admiral Mike Mullen, former Joint Chiefs of Staff who said that first.

    Which made it more profound than a grandstanding career politician.
     
    #17     Jul 27, 2015
  8. SunTrader

    SunTrader

    You got that right.
     
    #18     Jul 27, 2015
  9. loyek590

    loyek590

    either way, it's a sobering thought, and I agree even more concerning when it is coming from the military. Do you think we ever get to the point where we can beat the enemy by spending less?
     
    #19     Jul 27, 2015
  10. This goes for almost any economy. Rather than pay up the debts, more money is borrowed and this affects the economy on the long run
     
    #20     Jul 28, 2015