National ̶P̶r̶i̶d̶e̶

[PGreen]

The debt is not only at historically elevated levels, but it is expected to continue to pile up.

This statistic shows the national debt of important industrial and emerging countries in 2014 in relation to the gross domestic product (GDP). It's a surprise that we are not the first

bull National debt of selected countries in relation to gross domestic product GDP 2014 Statistic

 

[DriftingSand]

The current system is bound to bust. It's a matter of time. The real burden will be on the coming generation of middle-class workers/taxpayers. As the Welfare State grows and the minimum wage rises and as government imposes more and more restrictions on businesses the future looks pretty bleak for all of us.

 

[EdwardBaiamonte]

The current system is bound to bust. It's a matter of time. The real burden will be on the coming generation of middle-class workers/taxpayers. As the Welfare State grows and the minimum wage rises and as government imposes more and more restrictions on businesses the future looks pretty bleak for all of us.

Yes, but most importantly Republicans are against all the financial irresponsibility described above. If enough are elected there is great hope.

 

[DriftingSand]

The current system is bound to bust. It's a matter of time. The real burden will be on the coming generation of middle-class workers/taxpayers. As the Welfare State grows and the minimum wage rises and as government imposes more and more restrictions on businesses the future looks pretty bleak for all of us.

Yes, but most importantly Republicans are against all the financial irresponsibility described above. If enough are elected there is great hope.

Unfortunately, many were elected in a landslide victory and though they haven't yet taken control of both branches of Congress the current House IS predominantly Republican yet they passed a massive spending bill regardless of their GOP status. If that's a harbinger of things to come then America's future is bleak (or worse). The best we can hope for is total governmental and economic implosion followed by a major wake-up call that draws a roster filled with the names of far better leaders who fully understand the wisdom of our Founders.

 

[EdwardBaiamonte]

The best we can hope for is total governmental and economic implosion.

1) of course there is no reason to expect that to happen, especially given what we learned from the recent housing crisis.

2) Republicans are leading the way, as best they can, given the liberal nature of the country.

3) Any future economic issues will be reflected by slow growth, but not implosions.