So folks in America are better off than folks in Japan. A Japanese Crisis Nears Still, the debt versus the countrys GDP is 230%, the highest in the developed world. And if you add in corporate and private debt, total Japanese debt equates to 500% of GDP. costs are going up and wages are only keeping pace. In other words, real wages (wages less inflation) arent growing, stuck at 0%. GDP is meaningless anyway if it doesn't mean squat to the average person. http://www.forbes.com/sites/jamesgruber/2013/08/10/a-japanese-crisis-nears/
Our debt is almost completly internal debt. We are not in debt at foreign powers. China owns you, which is something i would not like in your place. Our debt is basicly a hidden tax. So i don´t see the problem. If they set it to zero the status would be same and no collapse.
The problem is the democrats. They run all the worst cities and deliver terrible safety services because they are unfocused on what jobs the government is supposed to do.
How comes your country has in 2 years more civilian death from gun shots than you had fallen soldiers in Vietnam war?
Sure, why not? What certainly isn't honorable is saddling the Mayor's children with debt to pay for perks someone who should get them is recieving today. The coming generation of young Americans should stand on their roofs and shout loudly, "I'm as mad as hell, and I'm not going to take this anymore!". They didn't agree to the debt, they don't benefit from it, and they should not pay it back. - - - Updated - - - Because the Vietnam warriors had Life Alert?
Yeah, there's a reason the politicians racking up the debt fight so hard to steal our guns like they steal everything else. Ain't no one coming to invade the US to collect a debt we refuse to pay, not when the peole refusing to pay it have a standing army of more than 100,000,000 citizens with privately owned firearms. So....it looks, since there's absolutely no way in hell that the United States is ever going to pay back the existing loan balance, plus interest, let alone the projected future debts, the world's nations should stop lending money to the US. And the sooner you people do that, the better. The spring of 2016 would be a good time to announce your intentions.
I can tell you why. Because certain Extreme Left Wingers have convinced many City Living Democrats that Gun Ownership is bad. It is a STATISTICAL FACT....that cities and towns in the United States that have an extremely and legally well armed Citizenship.....Crime Rates as well as Accidental Gun related Deaths are close to ZERO %. I live in Western Massachusetts in a beautiful part of the World and EVERYONE just about owns not just one gun but several.....as a family of four will usually own 2 Hand Guns, a Shotgun...usually 12 gauge....and 2 rifles.....usually a 30.06 or .308 with scope and a .22 rifle for the kids....and also a few BB Guns and a Pellet Gun....and all the families on my street also own a few Compound Bows and some also have a Re-curve Bow. Crime just about does not exist....and we have Hunter and Hand Gun and Bow Safety Courses that are run by the Cops, Fire Dept., NRA and the local Fish and Game allows free use of their Rifle, Hand Gun and Bow Ranges. Every little Boy and Girl when they turn 12 show up with either their Mom or Dad or Both and take this multiple day course and the kids are taught everything their is to know about Hand Guns, Rifles and Shotguns, Different kinds of Bows and all are taught how to treat every weapon as if it was loaded and never to point it at anyone unless you intend to KILL THEM. Because of this now over 5 decade course....we have NEVER had a Accidental Gun or Bow related death of a Child in my Town. Once the 12 year old Boys and Girls complete this Safety Course the Cops give them their Graduate Certificate and since the last class is done at the Police Station the Cops take the fee and the kids get their FID's.....which IS A CARD that stands for FIREARM IDENTIFICATION. Every kid is totally PSYCHED to get their FID and when I was a kid I remembered how everyone would talk about getting their FID and those who had already taken the course would tell us how FUN it was. Where I live we have a lot of Natural Game to hunt such as Deer, Bear,Wild Boar, Pheasant, Quail, Wild Turkey's that are HUGE!!! We also now are getting a lot of Moose and we have Mountain Lions that are starting to climb in number and one of them was killed by a car a while back and it was male and was a BIG LION!!! AboveAlpha
First of all....as large as the U.S. Debt maybe.....when the U.S. Economy is really clicking and running on all cylinders...$17 Trillion can be paid back with interest a lot sooner than one would think. Right now the U.S. single year GNP is $17.7 Trillion and if economic issues such as Syria had not come up 2013 would have come in close to $20.1 Trillion. The HISTORY of massive increases in U.S. Tax Revenue as well as massive increases in the U.S. Economy have ALWAYS come at a time cyclical in it's nature and specific and generated by the release of new U.S. Military R&D Black Program Technology. Such examples of new tech release and a major explosion in the U.S. Economy...which by the way is the #1 and largest Economy in the world at $17.7 Trillion a year generated by only 317 Million Americans.....compared to China's #2 in the World Economy of $6 Trillion generated by 1.7 Billion Chinese People as China under reports it's population by close to 400 Million as China lists it's population at a little over 1.3 Billion People but it under reports their population to get groups off their back like Human Rights Watch, Amnesty International, World Health Org. and many other U.N. based Poverty Groups. When one thinks about it the U.S. with a population at a bit less that 1/6th the population of China shows the U.S. Population generating almost 3 TIMES the Economy $17.7 Trillion to China's $6 Trillion. What this shows and tells these U.N. Groups is there exists MASSIVE POVERTY IN RURAL CHINA. AboveAlpha
I think Akuma is actually Chinese and is paid by his government to make people hate the Japanese by adopting this unpleasant persona.
Interesting points...but the US isn't going to pay that 17,000 billion dollar debt...not ever. It is foolish to believe otherwise, because it's not going to happen. The US is a credit junkie with a spending addiction, and the only way to even begin curing that problem, for a government as for a person, is to cut up their credit cards and force them to live within their means. That 17,000 billion dollar debt is only a fraction of the true debt accrued by the the federal, state and local governments. Estimates for the present debt and expected future outlays are estimated to be anywhere from 5 to 11 times as much.....and not only is there simply not that much money in the world, it's completely unfair to enslave our grandchildren to the repayment of the greed of today's politicians.
It is 17 TRILLION DOLLARS friend from China only... and who knows how much America has loaned from Japan and other countries... at this rate when America is still involved in wars, and giving Billions in AIDS to 69 plus countries including my own, I do not see how the Dollar is going to regain its stature on World Market. At this rate of spending the new generation will already be forced to start with a debt of $50,000 each just when they are born.
Nothing like a nation you owe money doing something you don't like to give you a reason not to pay! LOL!!! AboveAlpha
Really? Nothing? Can God himself make a rock so large She can't lift it? - - - Updated - - - It serves the same purpose as O-BAAA-AAA-AAA-MACare. It destroys aspects of the Constitution while putting more people under the government's gold-plated iron-heeled boot. - - - Updated - - - That would be a problem for them if our children decided to have the good sense to refuse to pay the debts of the fascists.
When they're old enough to vote, they should have the sense to vote to reject that debt, since they weren't asked to carry it in the first place. It wouldn't be too big a stretch to call an intergenerational national debt a "bill of attainder".
In a Divergent Alternate Universal State within the Multiverse within another Universal Group non-specific to our Universal Baseline Natural Physical Laws.....YES....it is possible. AboveAlpha
How can it benefit the poor when it increases unemployment and creates further incentive for employers to hire fewer people?
why does it do that, but for previous public policy decisions that don't promote the general welfare. it really is that simple.