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Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 decade ago

Could Barry rehabilitate his crumbling Presidency if he began working to reduce the national debt?

13 Answers

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  • 1 decade ago
    Favorite Answer

    Patti can I ask you, what was national debt looking like before Obama took office? There is no doubt it was lesser than it was now; however it was still in the trillions due to failed international policies, failed national health and education policies and a virtual mine field of other issues including a government did not acknowledge international issues such as climate change until the 'finish line' of Bush's presidency.

    What Obama has proposed is not a band-aid approach to simply paying off debt but focusing on the underlying issues behind why America slipped so far backwards. What that means is a new international image for the US and to this he has withdrawn troops from an unjust war (Iraq) and re-focused on a more (but not perfectly) justified offencive. It means addressing a broken health care system which has seen hundreds of thousands of Americans lose their homes or their pensions or children's college funds due to a lack of insurance or adequate insurance. And finally, investing in the green sector to ensure that America is not left behind in this technology field as the rest of the world creates solutions to a problem America will have to face. (With this I am saying that if American does not invest in 'green jobs' they will have to buy their green technology and solutions from abroad, just like what happened with GM and Ford when they were out-competed by the international markets).

    To address these issues an astronomical amount of money must be spent but the outcome will be better for Americans in the long run, the problem lies right at this point. Because convincing American citizens, particularily apparently Republicans, that the long term is in their best interest is apparently impossible except for when it is tied to ideaology. For example, the logic for invading Iraq to stop the 'muslim' terrorists - this is a years long if not decades long initiative but Americans believed it was the right thing to do (maybe b/c of fear as well, and anger and hate) - but the point is it is hard.

    At the end of the day repaying the national debt is similarily - not a short term plan but needs to be seen as a improved America with the core fundamentals the same and the problems at the same core fixed.

  • 1 decade ago

    asking here is useless... yahoo has become a nest of anti Obama extremists. There is almost NO VALID political discussion, that is able to debate policy without the emotional aspect.

    People have determined that he is "socialist", or any other name that you might come up with. They were calling for impeachment or resignation BEFORE HE TOOK OFFICE.

    Doesn't that make anything clear?

    In other words.. he could ELIMINATE the national debt, and there are those who would continue to hate and ridicule him. I am not saying there are not valid issues. I am saying that many (not everyone) have become locked into a mentality that goes beyond the issues.

    One example is cash for clunkers. It did involve some expenditure, but it ALSO raised car sales, is putting some persons back to work, created sales (meaning, income on immediate basis for dealers). Around here, the "right" continued to label the program as a disaster. It makes no sense at all.

  • 1 decade ago

    No. Because the only way that is possible is either raise revenue through taxes, or cut spending. Either way, would be unexceptionable by the majority of those who supported him.

    And no, taxing the rich won't do it. You could tax everyone making $75,000+ at 100% and still not touch the national debt. You would have to tax everyone, for a long period of time, and substantially.

  • Anonymous
    1 decade ago

    I don't think so but it would make it easier to see his goofy face on tv all the time.

    But rehabilitate is a strong word. I don't see how he can do that now that we have all seen what a lousy leader he is, and how his goal is to destroy capitalism and ushering in socialism.

    the cat is out of the bag and you'll never put it back again.

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  • Anonymous
    1 decade ago

    He is toast as for reducing the dept not in his program.If cap n trade passes the Senate he will be lucky to have a 10 % approval rating the plus side many who vote for it will be out looking for a job

  • ?
    Lv 7
    1 decade ago

    He cannot deviate from the script presented by his handlers on the TelePrompter. This is an attempt to systematically restructure the foundations in politics/business/education.....those who favor this extreme vision will not compromise one iota with those who oppose it.

  • ?
    Lv 4
    5 years ago

    because of the fact there has been huge spending around the board every time the taxes are shrink. greater money is offered in to the treasure via bigger financial interest, the the bastards in washington shop spending on each thing from heathcare, to training, and waist it with out fee in return. definite i know heathcare is important and training is important, however the government is miserablr at administration and their training concepts continually fail. What can we would desire to tutor for it, colleges are substandard, heath care gets greater high priced with each new regulation, the social securrity device would be bankrupt, medicare is balloning, wile our roads are falling aside, and different infrastructure disintigrates, yet spending on those subjects are at an all time intense. perchance the government schould purely project approximately defence and circulate away us human beings to run our very own lives! Then shall we shrink taxes to the bone have a brilliant style of mony to via our very own wellness care and deliver out babies to public colleges, wile giving to charity for the destructive an d unlucky, fairly of having the government do it for us! EDIT - Intead of casting judgement on the solutions, Why dosen't the asker supply up a breif assessment of economics. Who are you able to place out their in style of financial theroy that trumps Milton Freedman?.....Kusenich or polocy perchance? here is what Polosi thinks is a stable tax coverage, clarify how this could help create jobs! "We democrats are going to tackle this subject after the election as quickly as we take administration of the congress. we are able to return to the 60% to 80% tax expenses on the rich and we are able to have the potential to take a minimum of 30% of all l contemporary decrease earnings tax payers off the rolls and boost government earnings drastically." we would desire to artwork in direction of the purpose of equalizing earnings in our united states of america and on the comparable time limiting the quantity the rich could make investments." whilst asked how those new tax money could be spent, she spoke back: "we would desire to boost the known of living of our destructive, unemployed and minorities. as an occasion, we've an envisioned 12 million unlawful immigrants in our united states of america who pick our help alongside with thousands and thousands of unemployed minorities. inventory marketplace providence salary taxes would desire to circulate an prolonged suggestion on a thank you to assure those human beings the known of living they could pick to have as 'human beings'" Morons, all the weathy will take the roles and the agencies off shore.

  • Anonymous
    1 decade ago

    Barry lost 44 States to Lyndon Johnson. Barack's Presidency is hardly crumbling, and when you're in a recession the last thing you do is cut spending. That is absolute idiocy. It is economic suicide.

  • Anonymous
    1 decade ago

    He couldn't do anything for this national debt if it guaranteed

    him to be president of the whole world! As prophecy has

    foretold, this country's best days are behind it, because it

    has fulfilled its purpose and time is up for it.

  • Anonymous
    1 decade ago

    He does not understand the meaning of reduce. To him this is a foreign language.

    His reverse gear has been broken for years.

    Do you know why all politicians have their name on the back of their belts? So that when they pull their head out of their @$$ they will know who they are.

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