Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Government spending/debt has never truly been the-elephant-in-the-room.
22-trillion and counting, it will never be paid-off or even paid-down.
The USA has one of the strongest currencies in the world, people have faith in the stability of the USA and its dollar. Guess what, if you are owed money by Fedgov, you get US-dollars, not gold or
precious-metals.............and Fedgov basically can create as many dollars as needed.
Fiat currency is great in this situation, until the situation changes.
Let me ask you this, should we "print" $320,000,000,000,000 and give each person in the US $1 million since it doesn't seem to matter?
So you'll just stick your head in the sand and be a DNC cheerleader with scratchy eyes. Lol
"I don't care if the DNC passed the budget with that debt because orange man bad and I hate orange man and love the DNC regardless of facts or reality."
How do you float an economy that has a ongoing recession in manufacturing and farmers getting killed by tariff issues? You spend like a mad man to float.
The Fed is also pumping the balance books as well, they have increased the amount of funding for borrowing by banks as well. Our economy is built in quicksand with no plan to shore it up right now.
This country is living on credit cards and payday loans right now.
Why don't you just post it instead of spewing insults at me for posting facts?
Spending inreased both under Obama and Clinton's administration.
Do I need to explain it further?
BTW, why do you feel the house should never get any of the blame for passing budgets with deficits attached?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
