Just.......... ridiculous Vol. National Debt

You can't let this stuff get to you. Never understood why people care about this so much. Most people don't even understand how this all works. They just see 5-6 commas and red number--They go nuts :lol:
 
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It only doesn't seem to matter because we live in America. The biggest effect is loan rates, but in other countries they have to cut social programs. I know you balling @Hank Scorpio but to those that depend on things like public schools and live in the midwest where the highway system is important, the National debt concerns us because public funding means less gov-ment cheese on tables.
 
am1x90xnike said:
It only doesn't seem to matter because we live in America. The biggest effect is loan rates, but in other countries they have to cut social programs. I know you balling @Hank Scorpio
but to those that depend on things like public schools and live in the midwest where the highway system is important, the National debt concerns us because public funding means less gov-ment cheese on tables.
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he was to busy counting that bailout money to care apparently
 
Never heard so much about the debt until this administration go into office. It was like once Obama got in we all of sudden have to pay for things in cash.
 
Funny how the actual unemployment is double the official numbers :smh:
 
IDK if you're trying to blame Obama or something, but the orginal US debt clock went up in the '80s, then for whatever reason we decided to act like we were out of debt and turned it off once Clinton balanced the budget.

This is what it used to look like sometime before the Clinton adminstration.

People don't talk about it because they don't understand the effect it has on their life. Most peope are still getting thier entitlements, whether it's a welfare check for a single mom in the hood, or a subsidy for a failing farm in Montana, so long as people getting that government cheese they don't much care...but one day...one day, maybe not today, maybe not tomorrow, but one day the well will run dry...then states like California are going to try and jump ship...and honestly...maybe they should, the way the government is constantly pissing away money on things like The War on Drugs, Prison industrial complex, military, etc.
 
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am1x90xnike said:
states like California are going to try and jump ship...and honestly...maybe they should, the way the government is constantly pissing away money on things like The War on Drugs, Prison industrial complex, military, etc.
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California's deficit has nothing to do with the federal budget... the state budget is screwed.
 
So they are just going to do nothing about this? I would be happy that I have tri citizenship but there are no guarantees anymore. My third citizenship will likely never be of use to me considering how ****** that country is.
 
California is the 8th largest economy in the world, that is why they should jump ship if given the chance. They can be self sustaining. Access to the ocean, difficult geography to invade from the east, large economy, enough citizens to have their own army. Cali would be alright, they'd probably take Nevada, Arizona, New Mexico, Oregon and Washington with them...West America...and if they real, they'd get all the way to Texas...that way they'd have access to both oceans...I think Texas would be all about it. Phoenix the capital city.
 
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am1x90xnike said:
California is the 8th largest economy in the world, that is why they should jump ship if given the chance. They can be self sustaining. Access to the ocean, difficult geography to invade from the east, large economy, enough citizens to have their own army. Cali would be alright, they'd probably take Nevada, Arizona, New Mexico, Oregon and Washington with them...West America...and if they real, they'd get all the way to Texas...that way they'd have access to both oceans...I think Texas would be all about it. Phoenix the capital city.
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Being in Cali I'd like to see this happen. On the flip side how would this affect my sports?


sunshineblotters said:
The president would have to allow them to secede. Never going to happen.
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Civil War 2
 
Hank Scorpio said:
You can't let this stuff get to you. Never understood why people care about this so much. Most people don't even understand how this all works. They just see 5-6 commas and red number--They go nuts
laugh.gif
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It's not the number, it's the debt-to-GDP ratio. It's difficult for any economy to stay healthy when its debts are such a large portion of its production. Just because we have our own printing press doesn't mean that we'll be forever immune from the affects of inflation.
rillo561 said:
Never heard so much about the debt until this administration go into office. It was like once Obama got in we all of sudden have to pay for things in cash.
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That's because nobody wants to ring the bell when the good times roll. The clock went up under Reagan when we started spending like crazy to put the Soviets under. Then Clinton "balanced the budget" (
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) and Bush resided over a shaky housing market. But since everyone was cashing in during those two decades, why would anyone want to stand up and say we had a problem? When the regulator for Fannie & Freddie tried doing it in 2005, he was lambasted by the congressional oversight committee.
 
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