21 Answers
Washington can start lowering the debt by every single one of them on capitol hill taking a pay cut. Cut out excessive spending for foolishness. Brown bag their lunches. Pay their own travel expenses and kick in a share for their health care. Stop giving out grants for useless research too. Who really cares how people hold a fork and why they hold it that way. Trust me, they give out grants for research just as stupid as that.
Stop sending monetary aid to foreign counties who do not appreciate it.
Bring our troops home so we can stop supporting by lives and money other countries wars.
Start collecting on the IOU's other counties have had with us for too many years now. Demand they start paying back their debt to us.
Stop rebuilding countries we've warred in. It's war. Everyone takes their own losses and they do their own rebuilding. Japan did not rebuild Pearl Harbor for us.
That's enough for now. I don't want to get too "ranty".
This irresponsible government does not need more wiggle room. They need to be educated on how to live within a budget.
13 years ago. Rating: 13 | |
Go Girl!!!
So, for the sake of argument, let's say the debt ceiling isn't raised. The U.S. will then have to decide which expenses and debts to pay and which can wait. If the U.S. starts defaulting on (i.e. not paying) its debt, that's not just a problem for the entities that won't get paid -- it will affect the global marketplace and all of us who use it.
So far, the market doesn't believe the U.S. will actually fail to raise the debt limit. The evidence for this disbelief is everywhere: Interest rates are still low, there's high demand for U.S. debt, the stock market is stable, banks are lending to companies and to each other.
13 years ago. Rating: 11 | |
We shall know August 3, 2011.
13 years ago. Rating: 10 | |
I do however, believe that Congress and the Administration must drastically reduce spending to stop this horrible spiral we are now in.
BTW: August 2nd is just an artificial date, and the debt ceiling may not be passed by that day.
Hi Pamela I dont know much about the USA debt but if it like our in the UK they need to tighten thier belts like we do thought reading what you say does make alot of sence good question :)
13 years ago. Rating: 8 | |
Can we raise something else in lieu of debt?
13 years ago. Rating: 7 | |
National credit problems affect the poor more than any other group. If congress cannot govern by agreement then the voters will choose the representatives who hurt them less. We are all told to believe that Congress has our interest and benefit in mind. But the last few years have been painful for more and more of us. What we forgot to do is to take care of ourselves independently of the government. If the economy goes up or down or collapses, we the people should be unaffected by whats going on in Congress or the economy. Our personal independence is dependent on us. This precious gift we can only give ourselves, consist of our willingness to be free of our dependence on what we can do for ourselves. Beyond government support, beyond so much need of foreign groceries, what we can make or do for ourselves. That is where our assurance of persistence exists. The threat of economic depression globally is a threat to every life that is dependent on that support. Threaten me and I accept the threat as serious and prepare for the dooms-day scenario to happen. Any other response is more stressful and does nothing for your personal security.
13 years ago. Rating: 4 | |
we seem to know how to complain and spending more money than what were making,if my math is correct you can import more than what your export and at the end come to the top!
You'd be better find a quick solution or were all be up a shit greet without a paddle Good Luck,with this Government,By putting all the blame on Obama. For all the other PRESIDENT MISTAKE..
13 years ago. Rating: 4 | |
"Cut spending. Cut the salaries of government crooks. Budget, budget, budget and get out of wars we do not belong in! Stop invading countries and forcing democracy on them. There are many ways to get rid of the debt. The fat cats just need to stop worrying about filling their own pockets and lining their nests with the citizens dollars. "
I will add in, elect a president willing to do all this.
No! just abolish the federal reserve and get back some of the money stolen from the population, before they steal some more,we bail out banks, so why don,t we start asking for help ourselves. assist your fellow human ,stop complying with this massive fraud of the people, America needs a hero not a puppet on a string.
13 years ago. Rating: 3 | |