the public debt doesn't come from trade inbalance. public debt is the amound of money the government spend that it can't pay.
if the government doesn't overspend, there wouldn't be debt, and taxpayer money wouldn't be used paying interest and the government can really do something with that money for americans.
it is something the US government controls, not foreign countries. End the war, End the debt.
robert this is americas fault thou they sold there dallor not long after it was minted im not american and i know this that ur whole contry is set 2 fall and out of chaos a new world order sound familliar ur houseing market=) its droping? o yes lol national debt has that affect wait tell everything drops the american people has a whole are slaves nafta cordior or sumthing like that they are taking ur money building it then pwning it off and forceing u into citys
All of our income tax goes towards paying the interest on the national debt. The money goes to billionaire bankers who are raping us with a fiat money system. The best thing we can do for the poor is elect Ron Paul so the country can move towards a sound monetary unit again.
yes!! it's going up and you have to pay more taxes, car bills,electric bills,hospital bills and prices of foods and bevarages will surge!!Why should you worry? US is the wealthiest country in the world full of wealthy people.
Why shouldnt I worry? This money is leaving, quick... who told you the US is the wealthiest country in the world? Right now, we are over 9 trillion in debt... We need to find a way to remove the Federal Reserve Act
Last I learned that US was The wealthiest country in the world was from the book sometime before George W Bush Steps into the White House around 2000.
they probably define wealthiness as average money owned by the citizen, not the government... and its not just George W's fault... We've been in debt for quite some time now... taxes wont save us any time soon, either... it's estimated that every American owes the rest of the world around $30,000... thats not rich...
yes i know about the lead laced dolls however that's in no relation to the debt if america pay the debt of US$9.174 Trillion which will left us around US$4 Trillion of GDP and US can't survive with that amount!
But America's money is through the federal reserve act, which is basically an I owe you card... when we pay with it, we are passing on an I owe you... when we send it overseas to places like China, that dont trade back with us, it becomes debt... I'm not saying pay it off all at once... but at least stop it from rising... then we can start going down, even if its slowly... this is a BIG problem for the US...
I agree... Its because American morality has went down... Why by a domestic product, when a Chinese one is so much cheaper? This morality kills American companies, and destroys American jobs... 95% of shoes worn in America are made in China... I believe its somewhere less than half a percent are made in the US...
We can't afford to be in wars anymore.
Charlie12241 2 months ago
how the hell does it go up by thousands each second? i don't get it? what are we doing lol
seriously someone...thanks
KingMe5000 4 years ago 3
the public debt doesn't come from trade inbalance. public debt is the amound of money the government spend that it can't pay.
if the government doesn't overspend, there wouldn't be debt, and taxpayer money wouldn't be used paying interest and the government can really do something with that money for americans.
it is something the US government controls, not foreign countries. End the war, End the debt.
akinkhoo 4 years ago
robert this is americas fault thou they sold there dallor not long after it was minted im not american and i know this that ur whole contry is set 2 fall and out of chaos a new world order sound familliar ur houseing market=) its droping? o yes lol national debt has that affect wait tell everything drops the american people has a whole are slaves nafta cordior or sumthing like that they are taking ur money building it then pwning it off and forceing u into citys
uwerwrong420 4 years ago
All of our income tax goes towards paying the interest on the national debt. The money goes to billionaire bankers who are raping us with a fiat money system. The best thing we can do for the poor is elect Ron Paul so the country can move towards a sound monetary unit again.
roberto8ag 4 years ago
To bad they changed the bankruptcy laws a couple of years ago. I would have said "Go for it!"
IBMeddling 4 years ago
no!!! Dont keep going up!
JBMartz 4 years ago
yes!! it's going up and you have to pay more taxes, car bills,electric bills,hospital bills and prices of foods and bevarages will surge!!Why should you worry? US is the wealthiest country in the world full of wealthy people.
1happiness 4 years ago
Why shouldnt I worry? This money is leaving, quick... who told you the US is the wealthiest country in the world? Right now, we are over 9 trillion in debt... We need to find a way to remove the Federal Reserve Act
JBMartz 4 years ago
Last I learned that US was The wealthiest country in the world was from the book sometime before George W Bush Steps into the White House around 2000.
1happiness 4 years ago
they probably define wealthiness as average money owned by the citizen, not the government... and its not just George W's fault... We've been in debt for quite some time now... taxes wont save us any time soon, either... it's estimated that every American owes the rest of the world around $30,000... thats not rich...
JBMartz 4 years ago
oh, and slow trade with China... Personnally, I dont want any lead laced dolls...
JBMartz 4 years ago
yes i know about the lead laced dolls however that's in no relation to the debt if america pay the debt of US$9.174 Trillion which will left us around US$4 Trillion of GDP and US can't survive with that amount!
1happiness 4 years ago
But America's money is through the federal reserve act, which is basically an I owe you card... when we pay with it, we are passing on an I owe you... when we send it overseas to places like China, that dont trade back with us, it becomes debt... I'm not saying pay it off all at once... but at least stop it from rising... then we can start going down, even if its slowly... this is a BIG problem for the US...
JBMartz 4 years ago
it's just a shame the country have shrunk to this level.
1happiness 4 years ago
I agree... Its because American morality has went down... Why by a domestic product, when a Chinese one is so much cheaper? This morality kills American companies, and destroys American jobs... 95% of shoes worn in America are made in China... I believe its somewhere less than half a percent are made in the US...
JBMartz 4 years ago