Page 3 of 3 FirstFirst 123
Results 21 to 25 of 25
  1. #21
    Little Bear richmondesi's Avatar
    Join Date
    Jan 2009
    Location
    Shreveport, LA
    Posts
    1,741
    Thanked: 760

    Default

    Quote Originally Posted by icedog View Post
    Well, you should have been so concerned when you elected GWB. It's his debt.
    Absolutely right. We were totally solvent prior to GWB

  2. #22
    Senior Member
    Join Date
    Jan 2008
    Location
    Northern California
    Posts
    1,301
    Thanked: 267

    Default

    Quote Originally Posted by richmondesi View Post
    Absolutely right. We were totally solvent prior to GWB
    Simply not supported by the facts. We have increased the debt every president since Johnson's term in office and at that time it was roughly $250 Billion since 1944. GWB and both houses spent money like it was water. They spent about $5 Trillion in 10 years more than they took in and that was supported by almost every Democrat in both houses. We voted them out! President O and both houses have spent over $3 Trillion more than they took in and that has only been 1 year. It also does not count the projected 10 Trillion for health care due in the future. It also does not include Social Security that both houses refused to fix which just by itself will bankrupt the country. Then there is Medicare which is just about ready to go hyper. Then there is the government printing money to the tune of $1.25 for every dollar in circulation. We are in deep DO-DO I don't care who is President. President O and both houses need to go.

    Socialism and taking over car companies and stealing all the money from the shareholders and giving it to the Unions is crap. I will never buy another GM product as long as they are in existence.


    Later,
    Richard

  3. #23
    Senior Member
    Join Date
    Apr 2007
    Posts
    1,034
    Thanked: 150

    Default

    Quote Originally Posted by gugi View Post
    I don't see a non-government will either. I was hoping that after understanding the numbers you would be willing to take a 10% paycut over 5 years to cover your portion of the currently accumulated debt. Along with every other american, but as you pointed out you're responsible for your own part.
    did you not see the part where I said "raise taxes to pay off the debt"? that is a pay cut.

  4. #24
    Little Bear richmondesi's Avatar
    Join Date
    Jan 2009
    Location
    Shreveport, LA
    Posts
    1,741
    Thanked: 760

    Default

    Quote Originally Posted by riooso View Post
    Simply not supported by the facts. We have increased the debt every president since Johnson's term in office and at that time it was roughly $250 Billion since 1944. GWB and both houses spent money like it was water. They spent about $5 Trillion in 10 years more than they took in and that was supported by almost every Democrat in both houses. We voted them out! President O and both houses have spent over $3 Trillion more than they took in and that has only been 1 year. It also does not count the projected 10 Trillion for health care due in the future. It also does not include Social Security that both houses refused to fix which just by itself will bankrupt the country. Then there is Medicare which is just about ready to go hyper. Then there is the government printing money to the tune of $1.25 for every dollar in circulation. We are in deep DO-DO I don't care who is President. President O and both houses need to go.

    Socialism and taking over car companies and stealing all the money from the shareholders and giving it to the Unions is crap. I will never buy another GM product as long as they are in existence.


    Later,
    Richard
    I see sarcasm isn't wasted on you

  5. #25
    The original Skolor and Gentileman. gugi's Avatar
    Join Date
    Aug 2007
    Posts
    17,430
    Thanked: 3918
    Blog Entries
    1

    Default

    Quote Originally Posted by mhailey View Post
    did you not see the part where I said "raise taxes to pay off the debt"? that is a pay cut.
    I saw it, looked to me like rationing of services and tax increases, very popular with the voters, but it only takes about 60% of them to get on board.
    However since you mentioned grandchildren I wasn't sure whether you understand the scale of the numbers involved.

    Who knows, now that americans got a whole new section on their credit card statements, may be they'll get used to the idea of paying debts.

Page 3 of 3 FirstFirst 123

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •