Pay attention

Priorities and accountability. With these 2, we can be on our way to a low and controllable and workable debt of less than 5 trillion, if we chose to. It really isn't complicated, we need to prioritize and hold the people accountable who are spending. Also, many citizens can't and won't allow it.

Waste alone, with corruption, can be damn near eliminated, we must work to make it so. Just as with WWII, we need to suck it up for a little, and put the resources needed to work, and cut out the ones that are not truly important in a time of calamity.

There are more than enough articles out there about waste and corruption, and bad spending. Go read for a day or two, you'll quickly see.

We aren't holding the government accountable, and we allow the continual spiral.

Another problem is, the people can't and won't allow it. "What do you mean the government isn't going to fund NPR and planned parenthood and the arts and the ridiculous grants to study frog mating in the month of October...?" Too many people can't handle the reality needed to eliminate debt, their little hearts would explode when the money allocated to every college and university is taken away for a few years. And when the local art gallery can't put on it's show of local under privileged starving artists.

But, make no mistake, if we chose to make it a priority, it can be done. No different than that of personal choice with personal finances. You got debt, guess what, you have to make it the priority. No more eating out, no more clothes shopping, no more newest gadget, eat bologna and bread and pay your debt off. You choice to not change what you want versus need is the problem, same for the government.
 
Agreed it's a big problem. The part that makes all this real to me it are the debt payments. In about 15 years it will be the second largest line item in our budget and it does nothing for us. Right now it's about 4th or 5th. It will pass the military and medicare/aid here shortly.

It's already almost 500 billion in interest alone. And it's only getting worse. And at a far higher rate than anything else growing in our budget.
 
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While the drama known as Modern Politics keeps us distracted, the Republican idiot is SSDD. SJWs, tankers on fire, Conway & Sanders, a pathetic group of Democrat candidates all matter very little.
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Hate to break it to you, but Lord Red Hat is going to be right there with Obama and Bush for running up the deficit. Key difference being Obama inherited a recession. Trump inherited a good economy, made it better, and will still run up deficits Bush will be jealous of.
 
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Of course there is a way out. One would be to just default. Or, along those same lines, since every other country is up to their eyeballs in debt also, just have a debt jubilee world wide and reset the entire system.

Just a global resetting.
I like it so it would never work
 
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Hate to break it to you, but Lord Red Hat is going to be right there with Obama and Bush for running up the deficit. Key difference being Obama inherited a recession. Trump inherited a good economy, made it better, and will still run up deficits Bush will be jealous of.
I believe I stated same about Trump and his idiocy in my OP and my subsequent posts.
Whether it is Lord Red Hat, The Muslim Kenyan, Dubya, Slick Willie, it doesn't matter. The end result is the same.

And there isn't a single republican or democrat running who will do a damn thing to fix it.
 
Of course there is a way out. One would be to just default. Or, along those same lines, since every other country is up to their eyeballs in debt also, just have a debt jubilee world wide and reset the entire system.
How would this even work? The federal government owes millions of Americans money. Do those people just get stiffed?
 
How would this even work? The federal government owes millions of Americans money. Do those people just get stiffed?
I would say that most of those same Americans are also heavily in debt. Be it a mortgage, student loan debt, etc.

Of course, this hurts savers and those that are not in debt. Not exactly a perfect resolution... nothing is a perfect resolution.
 
I would say that most of those same Americans are also heavily in debt. Be it a mortgage, student loan debt, etc.

Of course, this hurts savers and those that are not in debt. Not exactly a perfect resolution... nothing is a perfect resolution.
So, create new currency and make it unusable for any debts owed prior to new currency circulation?
 
So let's take all the wealth in America and figure out what percentage of that wealth = the deficit. The more you are holding the more you owe. Now go..
 
So let's take all the wealth in America and figure out what percentage of that wealth = the deficit. The more you are holding the more you owe. Now go..
Shush. Nobody wants to hear your kumbaya communist ideas.
 
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