Our National Debt
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All Comments (16)
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We can't afford to be in wars anymore.
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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
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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...
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it's just a shame the country have shrunk to this level.
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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...
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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!
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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...
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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.
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