Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Sir C
Lv 5
Sir C asked in Business & FinanceCredit · 9 years ago

What financial formula would it take to start the debt clock to count down instead of continuing to add up?

This is the most serious question we have ever asked. Debt clock is at 15.9 Trillion dollars and Obama is talking about another stimulus package. Is any politician going to tell us the truth and admit government is flat busted broke, the party is over, time to come together and all to pay our fair share. No more handouts from a treasury that has an empty wallet and contains no more help for anyone at any level of income. Time to go to work.

So what is the answer to the formula for forcing the debt clock to subtract instead of add more debt?

3 Answers

Relevance
  • 9 years ago
    Favorite Answer

    Sadly, it will take some major changes in Washington for this to happen. Politicians need to have the courage to take a stand for fiscal responsibility. Democrats seem committed to deficit spending in the hopes of buying votes regardless of the consequences. We need to fix entitlement programs and reign in the ridiculous waste and spending of the federal government.

    As with any problem, the first step is to admit you have a problem. Our current President refuses to admit that there is a spending problem while he grows the size of the government to record levels.

    Vote wisely in November. We must change the course of America.

  • ?
    Lv 7
    9 years ago

    Vote wisely.

  • wizjp
    Lv 7
    9 years ago

    Spend less than we take in.

Still have questions? Get your answers by asking now.