View Poll Results: Will we reach 20 trillion debt by the end of Obama's second term?

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27. You may not vote on this poll
  • Yes.

    22 81.48%
  • No.

    5 18.52%
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Thread: 16 trillion and growing...

  1. #21
    Klattu Verata Nicto
    LaMidRighter's Avatar
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    Re: 16 trillion and growing...

    Quote Originally Posted by Kal'Stang View Post
    Will we reach 20 trillion debt by the end of Obama's second term? Yes or no?

    What should Obama do to stop it from happening?
    1) Yes 2) Resign.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  2. #22
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    Re: 16 trillion and growing...

    Quote Originally Posted by Mycroft View Post

    Become a Republican.

    Because under Reagan and Bush and Bush, that deficit shrank down to nothing! NOT!


    1) Yes
    2) Stop if from reaching 20 Trillion? Not much. I'll settle for it staying at 16, but that won't happen either.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  3. #23
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    Re: 16 trillion and growing...

    Quote Originally Posted by LaMidRighter View Post
    2) Resign.
    That wouldn't help. Unless Joe Biden has a deficit reduction plan.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  4. #24
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    Re: 16 trillion and growing...

    Quote Originally Posted by rocket88 View Post
    That wouldn't help. Unless Joe Biden has a deficit reduction plan.
    Good point. Biden at least "might" entertain other ideas. Okay, enough with those delusions, you're right, we won't have a president and congress in cooperation so it's gridlock and debt increases.

    Honestly, right now everything needs to be audited and leaned down. Spending must be addressed before anything, then the tax code needs to be structured more for efficiency than for loopholes, finally a very temporary tax increase at the back end. Those three things won't eliminate the debt but at least get it down to manageability.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  5. #25
    Sage

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    Re: 16 trillion and growing...

    If the GOP will agree to raising taxes to Clinton levels, and if the Democrats will agree to cutting 300 billion from annual budgets, and if most of the savings is allocated to the debt payment, then this can be averted.
    __________________________________________________ _
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  6. #26
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    Re: 16 trillion and growing...


  7. #27
    Sage

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    Re: 16 trillion and growing...

    Quote Originally Posted by Kal'Stang View Post
    Will we reach 20 trillion debt by the end of Obama's second term? Yes or no?

    What should Obama do to stop it from happening?
    What should congress do to stop it from happening? Republicans proposed to borrow another 4 trillion+ as well. What should voters do? Vote libertarian.

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