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No.... I never said anything of the sort.
Well, I'd prefer we reform it before, not after.....
No.... I never said anything of the sort.
Strange my credit report says otherwise and apparently we have Zero federal debt by your definition. Happy Days are here again :2party:
Oth sides understand that. And both use tricky rhetoric to keep the base happy, but not really do anything. The problem is us. We're on the whole not interested in making tough decisions. And like it our not, you can't balance this beast over night. So, we need a plan, and one that doesn't throw the least of us under the bus. I'm more than willing to listen to the right plan, but lack faith any politician will actually follow through with one. At least not until we as voters act like adults.
Of course you need a plan, which is why you elected a man with no financial, administrative, economic, private sector, or real world experience. That's what 'adults' do all right. And you will likely do it again with the election to be decided on dog on a car stories, or a teenager cutting someones hair or a 'war on women'..
The leaders of the Democratic Party certainly didn't overestimate the intelligence of their followers.
Was that chart designed by you?
So the good news is that instead of the budget growing by a $trillion a year it will only grow by $500 billion a year? Thats leftist progress, is it?
The country will be wiped out as well because the currency will be useless.
There are no stats available but, like Detroit, many who better understand economics are leaving and there is talk of secession from other States. This economic bungling, corruption and huge debt cannot end well for this generation of Americans.
Well, in all fairness "unfunded liabilities" really just means future expenses that we don't have money for right now. $70T sounds like a big number, but not if the time frame is something like 50-100 years. I agree that spending is a huge problem, but calling future liabilities debt is a huge stretch.
But it does show a very dangerous trend that has the potential to eventually cause economic collapse. If today we have managed to promise 70T for programs but have yet allocated funding what might it be like in that 50-100 years? If you look at the history of our unfunded liabilities im sure you will see it has grown per GDP. We could end up like Japan and find our self painted into a corner with unfunded liabilities.
I would not want to be a newborn baby in this country today. The future is bleak.
Was that chart designed by you?
So the good news is that instead of the budget growing by a $trillion a year it will only grow by $500 billion a year? Thats leftist progress, is it?
No Republican in the last four decades has cut a deficit in half in one year...
edit: Although admittedly this had an anomalously high starting point. Still, it's progress, and hardly this exponential explosion of unlimited spending that the right has been predicting.