Kick the can down the road:

iVillage Member
Registered: 02-15-2007
Kick the can down the road:
24
Wed, 07-20-2011 - 8:45am

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iVillage Member
Registered: 06-07-2011
Wed, 07-20-2011 - 11:49am
Tom,
I have to disagree with you but I do always find your posts well researched and well written. I do not think that our congress is "kicking the can down the road" by attempting to cut the rampant spending. We are over $14,000,000,000,000 in debt. We borrow 42 cents of every dollar we spend. Even Moody's warned of a possible downgraded credit rating if nothing is done to get the debt under control. We do not want what is happening in Europe to happen here. We are on an unsustainable path and action needs to be taken. I am not an economist and will not pretend to know all there is about this issue, but I do know that we indeed do have a big issue here.
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Community Leader
Registered: 01-25-2010
Wed, 07-20-2011 - 1:09pm

I myself disagree.

Goldfish

iVillage Member
Registered: 03-18-2000
Wed, 07-20-2011 - 1:26pm
"Taxes do need to be raised and the deductions reduced"

I agree.

 


Photobucket&nbs

iVillage Member
Registered: 02-15-2007
Thu, 07-21-2011 - 9:34am

iVillage Member
Registered: 02-15-2007
Thu, 07-21-2011 - 9:36am

iVillage Member
Registered: 11-27-2009
Thu, 07-21-2011 - 11:11am
Why do you think the danger of the debt is overblown?
iVillage Member
Registered: 06-07-2011
Thu, 07-21-2011 - 7:37pm
((From what I can see the danger regarding the debt is greatly overblown.))

Apparently China doesn't think so

http://money.cnn.com/2011/07/20/news/international/china_us_debt/

P.S. Have fun on your trip.
iVillage Member
Registered: 02-05-2011
Thu, 07-21-2011 - 9:38pm
Tom,
For a few years, team Obama has been spending a lot of cash to stimulate our economy. So far, it hasn't worked. How many trillion do we need to print before a reassessment is in order?
iVillage Member
Registered: 11-27-2009
Thu, 07-21-2011 - 11:13pm
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Community Leader
Registered: 01-25-2010
Fri, 07-22-2011 - 12:38am

redx1

Goldfish

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