For the Democrats on here---are you really ok with our nation's debt? (economy, tax)

[janelle144]

I never got an answer on my question. ARE YOU OK WITH IT? Are you ok with more borrowing or do you want it to stop?

[NJBest]

Originally Posted by janelle144

I thought Obama said he would fix the problem by now. At least, that is why most people who voted for him believed. I know your answer----it's Bush's fault Obama can't fix anything.

Obama has been slow to fix the issues. He underestimated the position that Bush had left the country. Frankly, Obama was not the right person for the job. But we got stuck with him.

[NJBest]

Originally Posted by janelle144

I never got an answer on my question. ARE YOU OK WITH IT? Are you ok with more borrowing or do you want it to stop?

I'm not a democrat, but we're still in favorable territory, so I'm okay with it so far. The fact that the deficit has been shrinking on a year after year basis is comforting.

[janelle144]

Originally Posted by A Common Anomaly

Ever since the GOP took over Congress in 2010, they managed to shave off 1% of annualized growth and 1.4 off the UE rate.

Without Republicans *******s, we would be $500 billion richer and have an UE rate under six percent - 5.9%.
http://pgpf.org/sites/default/files/...fullreport.pdf


Way to go Cons! Keep on harming America with your misguided ideology.

I am sorry, I cannot take Republicans seriously anymore.

And the Dems have done what to reduce the debt? Obama is in charge now and he keeps wanting to borrow, borrow, and borrow again.

[ovcatto]

Originally Posted by janelle144

I wonder if the man on the street Democrat is really in favor of the 17 trillion debt and more to come with the borrowing? Do you know what it will do to your kids and grandkids? Is it still ok with you?

In favor of the national debt? Ah, no but then I wasn't thrilled with a loan that I had to take out to purchase new equipment for my office. But in order to stay in business, I took out the loan...

[janelle144]

Originally Posted by NJBest

Obama has been slow to fix the issues. He underestimated the position that Bush had left the country. Frankly, Obama was not the right person for the job. But we got stuck with him.

And borrowing more is the solution?

[janelle144]

Originally Posted by ovcatto

In favor of the national debt? Ah, no but then I wasn't thrilled with a loan that I had to take out to purchase new equipment for my office. But in order to stay in business, I took out the loan...

I bet you plan on paying it back as soon as possible so the interest won't eat you up but then that is your money and you are being more careful with it than politicians are with spending other people's money.

[NJBest]

Originally Posted by janelle144

And borrowing more is the solution?

It most certainly can be. More important is governance over the borrowing.

[Blackscorpion]

Originally Posted by janelle144

And borrowing more is the solution?

So what is your solution?

[NJBest]

Originally Posted by Blackscorpion

Adding to the deficit: Bush vs. Obama - The Washington Post

posted last year..

No one needs a chart to realize the obvious. Clearly anyone with half a brain knows this already.

The OP is asking whether it makes sense to borrow going forward in fear that we'll make the same mistakes as Bush.