Yep, cast the blame. I get the feeling that your average small businessman or even a guy with a wife, a few kids, and a mortgage, understands how the economy works better than this administration. I wish I could spend and spend and then spend some more and not have to pay back my debts.

 

i dont care what president we have. they can say all they want before the election. but once there in. they screw everyone. and they do nothing of what they were gona do. i say to hell with all this bring the work over seas. and keep it all here. were the ones who need jobs. also whats the deal with letting all the forners in. theres enough here the way it is. it be alot easyier to get a job if they werent all here. not to mention. the people who can work. need to go to work. and the goverment needs to stop supporting them. this is where all the money is going. plus all the troops over seas isent helping either. they should either be here guarding our land. not helping some one else. if they kill each other over there. oh well. i could keep going on and on. but it keeps getting worse and worse.

 

I feel that obama is not all he's cracked up to be I feel that his appologies also made us look or are making us look like little b****'s.I had to sit and liten to my girlfriends family sit a slam bush when I dont even like obama I took some offence cause they think obama is the greatest thing to sence sliced bread.they think everything he did is ok but where did this all thuis money come from for cash for clunkers ?? if where in such debt."I got a idea let just turn tose printers on high and walk away and wow all the sudden we"ll be out of debt" wrong now were more in debt and thats what he doing.

 

The debt does seem to be getting out of control but, a National Dept is not a bad thing. It is needed to have a successful economy. I also think the Administration is doing what they should by spending. They must spend to get the economy out of the recession. It's known in the economic world that to get out of a recession spending and lending (which raises the nations dept. Loan on your house? Your contributing to the debt.) must occur. It always starts with the government.

 

No chit.

WRONG. National Dept IS a bad thing, and we do not NEED to be in dept to be a financially successful country.


Wrong again. This administration is spending us into oblivion and we keep going deeper and deeper into dept. Sooner or later the Chinese (or whomever) will stop lending us money and then what? They will have us by the ***** – which is their intent.

Really? I can get out of dept just by spending more money? How does that work? How about if we stop taking people's money and punishing those that provide jobs?

Truly the motto for all socialists.

 

Look man. It's my opinion. Don't tell me I'm WRONG when you don't understand how a national economy works. I have a few semesters and a degree to back me. I'm not trying to be holier than though like you seem to be. I'm just saying I know what I'm talking about regardless if you think i do or not.

The economy is as good as the money flow and if the public refuses to spend (which it is) the government HAS to spend. If they spend as they have for road construction, broadband to rural areas, and many other public services it gives people jobs and money to spend. Not to mention my employer has many gov. contracts that dipped no nothing until the government spends. When they do 80 renewed jobs and no more pay cuts for the remaining 250.

Yes, my life is much better because of spending. How do you spend to get out of dept? You buy my employer's product, I buy your employers(if your lucky enough to have one) product because I get a paycheck and in return he pays you and you pay your dept.

If i deposit $100 in a bank and you take out a loan for $100, $90 of my money can be given to you. Yet I can still take out my $100 dollars. Where does that money come from? The example creates money. Creates $190 dollars from my initial $100. More money = more spending = better economy. The federal reserve is in dept that $90 dollars to the bank thus a National Dept is a good thing. 50% of the National dept is from this in combination with bail bonds, and such.

Not saying our dept is not out of control but, it is a good thing just like you getting a loan is a good thing.

 

Oh, and another thing. About "socialist" comment. That seems to be a buzz word since the stupid email propeganda circulated during the election yet many people are clueless to what it actually is. Most relate it to communism which couldn't be further from the truth.

We live in a nation that has many socialist ways about it. The "socialist" ways supports competition which I hope we agree is a good thing. In a true capitalist country we would have multiple monoploys with the rich extremely rich and the poor extremely poor. I believe we would be better off if we had more socialist ways in our government. Health care would sure be better off if congress would allow more government control or better yet government funded plans.

 

Wrong.

I’m not the least bit impressed. Are you impressed that I have a degree? I didn’t think so. But at least I know what it takes to run a business and have traveled to nearly every continent on the globe where I have seen the damage caused by “help” from the government.


Riiiiggghhhtttt…. Thus the whole “I have a degree” thing…. Not to mention it’s spelled “T-H-O-U.”



I don’t.

It is not the purpose of government to provide jobs or give people anything. The government cannot give anything to anyone without first taking it away from someone else.



That comment isn’t helping your argument, nor is it helping to show off your education. Try learning a little about sentence structure.


That’s a great theory!!! If only someone had thought of that before our country wouldn’t be in the mess we are in right now!!! Oh, wait; never mind…

Wrong. The massive amount of dept we have in this country is not a good thing, and few people have any idea just how far in dept this country is. The country as a whole is going in the same direction that California is in right now; that is completely broke to the point of being forced to furlough employees, sell off assets, reduce safety (police, fire, etc…), reduce education, reduce healthcare, etc, etc…


While there is a difference between socialism and communism they both serve to reduce people’s freedoms and increase the powers of those in government – exactly what our Constitution is supposed to protect us from. This is an issue that is not just “propAganda.” Had you been paying attention you would know that this administrations is filled with people with far left-wing / socialist leanings.

Socialism supports competition? Bull chit. It does the exact opposite.

Wrong again. We are (or were) the richest country in the world because of a free and open society where a person is free to seek their own fortune. Our poorest live better that 90% of the world. Go to any poor neighborhood and people still have two TVs, DVD players, cell phones, microwaves, etc, etc…

May I suggest you visit the people’s utopia of Cuba? How well does the average person live there?


Wrong. You are so wrong you couldn’t possible be more wrong. If you actually had an education perhaps you could find employment that provided benefits such as healthcare. You could even get healthcare serving coffee part time at Starbucks.

 

Blah blah blah blah blah. You know I'm not even debating this anymore. Your too busy attacking me to prove a point. What an ignorant a$$.

 

As my sister in law, who escaped Czechoslovakia when it was under communist rule, says: "They pretended to pay us to work and we pretended to work." When government controls private industry you are adding another layer of cost at the very least.

When you print money to pay off debt (2 billion this week) you are creating something out of thin air. You are saying, "I need money. I'll print some up." There is, practically speaking no worth. All you end up really doing is devaluing the dollar until it isn't worth the paper it's printed on.

Debt is not good at all. It means paying interest on top of what you borrow. Same for the little guy, same for the government. I was appalled at the $1 trillion that was amassed by all presidents up to the end of Bush's term. But, I thought we can probably pay that off. It's already tripled in the first few months of Obama's term and they are estimating $7-9 trillion more???? I firmly believe the time is going to come where we can't even pay the interest.

Government is not profit driven, doesn't create anything or do anything without first taking money from the private sector. Cash for Clunkers, bailouts, etc. were not paid for by the government but the people of this country that send there hard earned dollars in. I wonder if we'll be able to pay it all back without making everyone poor.