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We already are a debtor nation my friend. Take a look around, take off those emerald colored glasses and see Oz as it truly is.
Originally posted by beezzer
What would we look like as a debtor nation?
Begging doesn't come easy. . . .
One huge difference, they grew most of their own food. Where do most people get their food now?
Originally posted by queenofsheba
reply to post by beezzer
I am by no means an expert in economics but I have to wonder, how did those that survived the Great Depression get through that? Is what's happening now in any way similar to those times? We did get out of that, and is there a possibility we can get out of this now?
Originally posted by queenofsheba
reply to post by sonofliberty1776
Well, that's true. Most people I know don't have the foggiest idea on how to grow a garden and to be honest, it's physical labor which oftentimes is encompassed by bugs, bugs that bite and annoy and then you have the sweat dripping into your eyes. People have lost skills because this world is all about material comfort.
Originally posted by beezzer
reply to post by daddyroo45
People will have to learn how to grow food, hunt, treat minor injuries, ailments. They will have to learn how to walk to the store, live without tweeting. blogging, satellite tv, internet.
Hmmm. . . . where's the downside again?
Downside? I don't see one at all. Personal freedom and personal responsibility go hand in hand.
Originally posted by beezzer
reply to post by daddyroo45
People will have to learn how to grow food, hunt, treat minor injuries, ailments. They will have to learn how to walk to the store, live without tweeting. blogging, satellite tv, internet.
Hmmm. . . . where's the downside again?
Originally posted by sonofliberty1776
Personal freedom and personal responsibility go hand in hand.
Originally posted by sonofliberty1776
Downside? I don't see one at all. Personal freedom and personal responsibility go hand in hand.
Originally posted by beezzer
reply to post by daddyroo45
People will have to learn how to grow food, hunt, treat minor injuries, ailments. They will have to learn how to walk to the store, live without tweeting. blogging, satellite tv, internet.
Hmmm. . . . where's the downside again?
The measure is certain to die in the Senate where Democratic leaders have endorsed President Barack Obama’s competing call to reduce the deficit through a combination of tax increases and spending cuts.
It would also cut the top corporate and individual tax rates from 35 percent to 25 percent. The plan wouldn’t balance the government’s books until 2040.
[my bold for emphasis]
No Democrats voted today for Ryan’s plan while four Republicans opposed it: Representatives Denny Rehberg of Montana, David McKinley of West Virginia, Walter Jones of North Carolina and Ron Paul of Texas.
Critics say Ryan's plan won't help to lighten the debt load. Indeed, it would actually increase the federal debt from $15 trillion to $23.1 trillion.
"Republicans want to spend $40 trillion over 10 years. That averages a staggering $4 trillion per year.
(CNSNews.com) - The federal government has already borrowed an additional $803.73 per each household in the United States since the Republican House majority elected last November enacted its first law governing federal spending.
On March 2, the day that first Republican-approved CR became law, the national debt was $14.1785 trillion ($14,178,525,108,267.60), according to the Bureau of the Public Debt. As of now, the national debt is $14.2729 trillion ($14,272,993,603,617.44).
That means the debt has increased $94.5 billion ($94,468,495,349.84) since the Republican-controlled House gained constitutional control of the federal purse strings.
Paul, who will turn 76 this summer, said Ryan’s plan doesn’t go nearly far enough toward dismantling the welfare state. “We are dealing with a problem in Washington as a budgetary accounting problem and that’s not it. It’s a philosophy problem. What is the philosophy of government? What should the role of government be?”
Originally posted by mike_trivisonno
Income Taxes need to be abolished.
Pretty much the entire Federal Government needs to be shut down and audited and the money stolen from the American citizens refunded.
Then the criminal trials for those who have failed to defend the Constitution should begin.