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.
The debt is long past the point where any of it matters. And it should have never been allowed to get to this point, but there's no fixing it now. Enjoy the ride. Somebody will pay - but it won't be our generation.
The debt is long past the point where any of it matters. And it should have never been allowed to get to this point, but there's no fixing it now. Enjoy the ride. Somebody will pay - but it won't be our generation.
$12 of debt for every one dollar of b GDP growth in the past year...[/i]
Akin to processed and otherwise junk food, you have to eat 12 times as much of it to get the same nutrition as one unit of real whole food.
We've become a junk society by some 1/3-2/3, junk products from China, junk jobs on US soil, junk money, junk banks, junk food, junk pharmaceuticals, junk politicians, etc.
Uh-huh. Let's get together and research events of the the years 2020 and 2021 to see if there was anything happening that might have been a world wide threat to the economy.
If we can just figure that out, the maybe those numbers you posted could be placed into some context to explain why such debt was being created. And knowing that, then we can see whether there is or not some reason to think the need that created that debt will go away.
I'm thinking it probably was not the Australian snake infested sea foam threat, but I can't prove it wasn't .
I think we're beyond worrying about the deficit and declaring the sky is falling. I'm more concerned that we spend the money by investing in people and infrastructure that will return dollars to the economy.
Let's spend smart - we've neglected infrastructure for decades and just given money to certain people hoping it would trickle down. Even if trickle-down actually worked, that's not going to maintain roads and bridges.
I think we're beyond worrying about the deficit and declaring the sky is falling. I'm more concerned that we spend the money by investing in people and infrastructure that will return dollars to the economy.
Let's spend smart - we've neglected infrastructure for decades and just given money to certain people hoping it would trickle down. Even if trickle-down actually worked, that's not going to maintain roads and bridges.
Fantastic post and a lot truth.
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.
