Nations Debt is out of Control, What Can Be Done? (Ron Paul, Obama)

[Taratova]

The Debt Ceiling is again going to be raised by 1.2 trillion dollars. How do we as a nation cut spending when all I hear about are new programs and new roads and new projects talked about by Obama to create jobs.

This is where the money goes .



Federal Budget Spending, Deficits, the National Debt, and Social Security

[HappyTexan]

Already a done deal last August so there will be no fighting it.

My advice..pay off your debt, stock up and then grab some popcorn and watch the whole shabang implode.

[clb10]

Originally Posted by Taratova

The Debt Ceiling is again going to be raised by 1.2 trillion dollars. How do we as a nation cut spending when all I hear about are new programs and new roads and new projects talked about by Obama to create jobs.

This is where the money goes .



Federal Budget Spending, Deficits, the National Debt, and Social Security

According to liberalism our only solution is far more debt and wealth confiscation from the criminals who unfairly have too much money (rich guys who aren't movie stars).

[GTOlover]

I here alot of Euro nations have taken to greece and are "going greek" also

This seem it could be the next major world fad that every country is getting into it is a good tren where people where it forces them to live within their means and avoid going deep into debt and to save their hardearned money for an emergency situations so you have enough to live on and pay for your rent, food, make your car payment for atleast 3 months.

[Taratova]

Originally Posted by HappyTexan

Already a done deal last August so there will be no fighting it.

My advice..pay off your debt, stock up and then grab some popcorn and watch the whole shabang implode.

Also keep some cash at hand. Inflation will hit on energy and food..

I don't think much can be done at this point with Obama still in office.

[KUchief25]

Punt

[hawkeye2009]

Originally Posted by Taratova

The Debt Ceiling is again going to be raised by 1.2 trillion dollars. How do we as a nation cut spending when all I hear about are new programs and new roads and new projects talked about by Obama to create jobs.

This is where the money goes .



Federal Budget Spending, Deficits, the National Debt, and Social Security

1. Balanced budget amendment

2. VAT tax 15%

3. raise socal security/medicare to age 72

4. cut corporate tax rates to 15%

5. cut personal income taxes to flat 15% rate


Problem solved.

[modeerf]

Elect Ron Paul, and hopefully he'll survive long enough to prosecute the corrupt and audit the FED, then fire them.

[Taratova]

The money taken in by taxes, and the money spent.. we have a growing deficit.

Taking apart the federal budget (washingtonpost.com)

[lifelongMOgal]

Ron Paul on the American Power Structure (1988) Part 1 - YouTube