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he was to busy counting that bailout money to care apparentlyIt 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.
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.
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.
California's deficit has nothing to do with the federal budget... the state budget is screwed.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.
Being in Cali I'd like to see this happen. On the flip side how would this affect my sports?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.
Civil War 2The president would have to allow them to secede. Never going to happen.
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.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
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" (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.
he was to busy counting that bailout money to care apparently