bripat9643
Diamond Member
- Apr 1, 2011
- 170,163
- 47,312
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I'd like to see a smart business man/woman in the white house (somebody who can carry themselves like a respectable adult, which Trump can not, so he's out) or at the very least have a bipartisan committee made up of successful business people and economists developing the budget and presenting innovative ideas for fiscal policyDo you realize that the national debt is not a credit card bill right? If we just paid it all of next week and eliminated treasury bonds from the market (one of the most stable of investments) it would crash our economy.Running the economy of the way this federal government is - is like the grasshopper not the ant.Your understanding of economics is elementary.... Go study up and stop regurgitating the propaganda.You're ignoring the reality, the country cannot continue on the way has been. This federal government is paying debt with more debt and paying that debt with printed paper. That's called a banana republic. It's going to collapse... fact.
It's best to split up the country while it's still a country...
It's absolutely ridiculously elementary to think that the government can run the economy the way it has and sustain civilization.
No reason for all of this debt - this debt cannot be paid its far too large, there is enough money/resources in the world pay this debt...
It's childish thinking socialism can ever work for the good...![]()
The Debt isn't something that needs to be paid off, it is something that needs to be managed. I do agree it needs to be better managed and there is a ton of fat that can be trimmed in our government programs. You don't seem to really understand the difference between our national debt and a personal debt. I suggest doing some reading... Here's something to start with:
http://www.economist.com/blogs/freeexchange/2015/06/public-debt
Politicians will never manage our debt responsibly. All their incentives run in the opposite direction. They win by spending like there's no tomorrow and kicking the can down the road. Cutting spending is the road to electoral defeat.
So just how do you propose to accomplish this fantasy of managing the debt responsibly?
How are you going to get a bunch of career politicians in Congress vote to cut spending? It simply can't be done.