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Jon J
Lv 4
Jon J asked in Politics & GovernmentGovernment · 1 decade ago

The Deficit is now 10,533198,691,844,19 and rising 3.84 BILLION everyday ! What do we do?

Every man woman and child as of this moment owes 34,534.77 at this moment and growing to the federal debt that has been created. Do we keep pretending it isn't there? Or do we listen to the people who made it tell us, oh it really doesn't matter. The economy can not be a healthy economy with such a debt. 10, 20 30 years ago, it would be in the news every day if we were a billion in debt, on how it will hurt us, now its 10 trillion. Do people realize how much we are foreign owned or how in debt to other countries we are?

4 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Down it looks to me

    .

    The end of America in the waiting room

    How can that ever be paid for

    .

    10 trillion dollars national debt is

    10 belts of $1.00 bills around the equator of the earth

    .

    1 - trillion is 1,000 billion dollar bills and

    each 1 billion is 1,000 million dollar bills

    .

    This number is beyond my Imagination as to how big it is

    And to think one party in control did it

  • 1 decade ago

    1) Get rid of the numerous nonsense government programs. There are programs out there that literally spend millions of dollars doing ridiculous activities like testing cow farts; yes this is sad but true.

    2) When passing new bills quit allowing other non-needed items to be put in the bill. It is silly that for someone to vote on a bill there has to be 20 other expensive items in it.

    3) Reform the tax system so that American's keep more money and so they spend more money. If you look at the Laffer's curve, you will see that taxing somone as heavily as we are yields the same money for the government (if not better) as taxing people at lower rates.

    4) Vote all of the lying politicians out of office who are known for spending big bucks on clearly pointless bills weather they are republican or democrat.

    Government is for roads, army, and other similar titles (at least if you look at how the founding fathers set up the constitution). Not for making everyone feel good and having a bill that costs millions and billions for every person's situation. We had to make an amendment to the constitution to have our graduated income tax (which hurt the us and is very socialist) and now more socialist plans are voted in every day. Look at history and current events; socialist bills cost a lot of money and lead to a deficit. We all need to fire (not vote for) any politician who claims he can make are life better by spending billions of dollars and raising taxes (this is proven, as shown above to not work so why do it again?).

  • lo
    Lv 6
    1 decade ago

    Dick Cheney and George Bush say: Who cares? Pass that problem on to the next administration! Keep spending billions per month in the Middle East oil lands.

  • Anonymous
    1 decade ago

    dance

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