Back to The Blaze »

Comments (3)

• justthefacts2112

  Posted on December 29, 2012 at 2:53pm

  Is your “debt” total the same each year? Of course not. In a decent economy, prices go up each year, which is actually good for businesses and the economy, because spending=purchases that create jobs (not money given to businesses.) That said, reckless spending like we saw in the Bush years with 2 unbudgeted and unnecessary tax reductions wars, creating Homeland Security, passing Medicare Plan B (benefitting providers), and much more – which caused this mess, is obviously a bad thing. But once that took us to the brink of economic collapse, we needed to increase spending with a simulus package to get things going again, since people and companies had stopped spending.

  The annual U.S. debt is the total of moneys that were voted on and approved by our elected congress, so if you think the ceiling is too high, stop whining and tell your congressmen to stop approving them and to sponser new bills to reduce spending, which has already been happening. Not approving the ceiling is a political tactic that incorrectly tells the world that we’re can’t run our own country and that they shouldn’t invest in us.

  The deficit is a much better gage of the actual health of an economy, and that went up huge each year with Bush and down each year with Obama – from $1.4 T in 2009 to $1.1 T in 2012, to a projected $901 B this year, and the economy is steadily improving, so we’re on the right track. And if the repubs would stop obstructing and start leading, we’d be there in half

  Report this comment

   

• mjs_28s

  Posted on December 27, 2012 at 9:27pm

  The important thing about the debt ceiling, even though it is always raised and thus, symbolic at this point it at least has to be voted on to be increased. This vote on whether or not to raise the debt ceiling makes the news so some people are aware of how much government is spending. I think it needs to have a ceiling because someday there will be a generation that will not put up with the B.S. anymore and they will force change on the ever spending government, all parties (less a few individuals within that try to at least slow growth).

  Keeping it in the public eye is important and if the country ever does fail with things like this being in the news every year you will be able to tell people “hey, every year you had a red flag in your face that we were doomed and you still voted in spending that benefited only your immediate generatation. Now, your kids and grandkids are screwed.”

  Report this comment

   

• noslave

  Posted on December 27, 2012 at 5:29pm

  you have to put obamas goal into perspective??to grasp the reality??his goal is pure communism? re-distribution of wealth??restitution for slavery?? like a l.a. looter handing out goods through a broken store window??to his bros(98%voter base??)he spends without any control,let the working class suckers pay the tab?? almost eerily like reverse slavery??

  Report this comment

   

Comments are closed.

« Back to The Blaze