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Old 05-10-2016, 05:22 PM
 
30,897 posts, read 36,954,250 times
Reputation: 34521

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Regardless of where you fall on the political spectrum, I think it's hard to argue against anything this woman said:
http://finance.yahoo.com/news/nation...171558058.html
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Old 05-10-2016, 05:36 PM
Status: "Apparently the worst poster on CD" (set 27 days ago)
 
27,646 posts, read 16,129,622 times
Reputation: 19065
Trump was talking about it just the other day.
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Old 05-10-2016, 07:58 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,653,965 times
Reputation: 2522
Quote:
Originally Posted by saltine View Post
Trump was talking about it just the other day.
Did he mention he wants to add $12 trillion dollars to our national debt in the next 10 years?
Donald Trump's Tax Plan Would Cost $12 Trillion | CTJReports

And did he mention he wants to add $24.5 trillion dollars to our debt in the next 20 years?
Trump
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Old 05-10-2016, 08:01 PM
 
26,494 posts, read 15,070,512 times
Reputation: 14643
Quote:
Originally Posted by mysticaltyger View Post
Regardless of where you fall on the political spectrum, I think it's hard to argue against anything this woman said:
http://finance.yahoo.com/news/nation...171558058.html
Kasich talked about it at every stop. In fact, Kasich would often give his speeches with a debt clock behind him as he mentioned his success in DC and Ohio on the topic.

Kasich was the only candidate to have a realistic plan to get us to a balanced budget...people didn't care.

Why be an adult and solve the problem when you get votes for promising more services for less taxes?

Greece, here we come.
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Old 05-10-2016, 08:41 PM
 
Location: Ohio
24,621 posts, read 19,163,062 times
Reputation: 21738
Quote:
Originally Posted by mysticaltyger View Post
Regardless of where you fall on the political spectrum, I think it's hard to argue against anything this woman said:
It doesn't matter. No one will do anything until there's a problem. Sometimes learning the hard way is the best way.
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Old 05-10-2016, 08:49 PM
 
22,661 posts, read 24,594,911 times
Reputation: 20339
National debt will never go down in my or your lifetime.

We have a fiat-currency for a reason......to live way beyond any normal-means, that a currency backed by tangible-assets, would allow.

A government gets more and more powerful...if it can butter-the-bread of more and more people.
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Old 05-10-2016, 08:51 PM
 
Location: Midwest
1,540 posts, read 1,125,105 times
Reputation: 2542
When you stop making bad deals Nationally and Internationally the debt will go away....Go Trump!!
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Old 05-10-2016, 08:54 PM
 
Location: USA
2,753 posts, read 3,312,539 times
Reputation: 2192
Do people actually think it's possible to be debt free in a country like this? Nearly impossible especially being apart of that $19 trillion dollar tab. We will always be in debt! In our 240 year history the United States has only been debt free for nearly 2 years. This was way before the Civil War...so yea it was a long time ago.
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Old 05-11-2016, 12:00 AM
 
Location: Long Neck , DE
4,902 posts, read 4,215,846 times
Reputation: 8101
Quote:
Originally Posted by chad3 View Post
Did he mention he wants to add $12 trillion dollars to our national debt in the next 10 years?
Donald Trump's Tax Plan Would Cost $12 Trillion | CTJReports

And did he mention he wants to add $24.5 trillion dollars to our debt in the next 20 years?
Trump
So what ???he has proven with his business experience he can handle this. He could just declare bankruptcy for Social Security or maybe the Defense Dept. Look at his business record.
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Old 05-11-2016, 12:11 AM
 
Location: New Orleans, La. USA
6,354 posts, read 3,653,965 times
Reputation: 2522
Quote:
Originally Posted by tickyul View Post
National debt will never go down in my or your lifetime.

We have a fiat-currency for a reason......to live way beyond any normal-means, that a currency backed by tangible-assets, would allow.

A government gets more and more powerful...if it can butter-the-bread of more and more people.
GW Bush said the following in 2001, "we have big enough surpluses to pay down our national debt by $2 trillion dollars in the next 10 years, join me to do it." And at the moment GW Bush said that I believe it was fully possible.


https://www.youtube.com/watch?v=h5F79kd2O7U


But 2 things happened that stopped Bush's debt lowering plan. First was a round of supply side tax cuts, second was 2 very expensive wars in Iraq and Afghanistan.

In 2001 we had a government structure that gave us surpluses, and we had the ability to pay down our national debt. Why can't we go back to that 2001 government structure and start to pay down our debt?
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