USA has 14 Trillion dollar debt!

PandaKilla

Ouch, so what is wrong with America then?

UK is on 2.3 Trillion if you include the bank bail outs (Which the banks are paying off now that they are in profit), but 1.1 Trillion National debt if it's equivalent to the US 14 Trillion.

So is the US built on money that isn't there?

AKATheMack

Its not a debt until someone is big enough to come take it from you.

Sparked_1985

Quote:

Originally Posted by AKATheMack

Its not a debt until someone is big enough to come take it from you.

haha. That's got to be true.

I'm not overly concerned about my debt to the student loan company.

baya

Quote:

Originally Posted by AKATheMack

Its not a debt until someone is big enough to come take it from you.

****, this summed it up perfectly.

Cuauhtémoc1520

Panda is on a roll today with the "I hate America" threads....

xcaret v3

what if russia comes and says give me your debt money ?

- v e t -

its more of what is wrong with the federal govt as compared to what is wrong with "america"

Russian Crushin

You would have a better arguement if your countries dept wasnt in the trilllions as well

BattlingNelson

The US needs to raise taxes.

Sparked_1985

Quote:

Originally Posted by BattlingNelson

The US needs to raise taxes.

The US are doing right by their economy and their people by and large.

No big public spending cuts for them. Cutting jobs just means you have less people paying taxes. No increased income tax.

I would gladly punch every working-class British person who voted for the Conservatives in the mouth. Stupid cunts.

Economic growth is all that matters. And you can go about by spending lots of money. Nobody cares. As long as they have jobs and money.

PandaKilla Banned Join Date: Jan 2011 Posts: 945 Rep Power: 0 Points: 39,911.49 Bank: 0.09 Total Points: 39,911.58 Donate	USA has 14 Trillion dollar debt! Ouch, so what is wrong with America then? UK is on 2.3 Trillion if you include the bank bail outs (Which the banks are paying off now that they are in profit), but 1.1 Trillion National debt if it's equivalent to the US 14 Trillion. So is the US built on money that isn't there?

AKATheMack Unreasonably Logical Join Date: Nov 2004 Location: Dodge City Posts: 12,626 Rep Power: 0 Points: 140,006,445.06 Bank: 2.55 Total Points: 140,006,447.61 Donate	Its not a debt until someone is big enough to come take it from you.

Cuauhtémoc1520 Milkxican-American Join Date: Mar 2007 Location: La Chingada Posts: 19,398 Rep Power: 89 Points: 1,106,555,782.25 Bank: 142,149,252,071.30 Total Points: 143,255,807,853.55 Donate	Panda is on a roll today with the "I hate America" threads....

xcaret v3 Banned Join Date: Jan 2010 Location: Lost Souls Posts: 3,499 Rep Power: 0 Points: 1,104,727.26 Bank: 5,565,017.99 Total Points: 6,669,745.25 Donate	what if russia comes and says give me your debt money ?

- v e t - are you a badfish too? Join Date: Aug 2009 Posts: 20,301 Blog Entries: 1 Rep Power: 0 Points: 4,110,901.58 Bank: 59,018,044.00 Total Points: 63,128,945.58 Donate	its more of what is wrong with the federal govt as compared to what is wrong with "america"

Russian Crushin Gift Cards For Everyone! Join Date: Dec 2009 Location: Kirkjubæjarklaustur, Iceland Posts: 30,067 Rep Power: 142 Points: 931,683.46 Bank: 7,826,416,649,079.86 Total Points: 7,826,417,580,763.32 Donate	You would have a better arguement if your countries dept wasnt in the trilllions as well

BattlingNelson Join Date: Mar 2008 Location: Skagens gren. Posts: 27,470 Rep Power: 477 Points: 10,050,079,255.11 Bank: 1,802,727,216,925.24 Total Points: 1,812,777,296,180.35 Donate	The US needs to raise taxes.