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We can’t just keep adding more debtFebruary 17, 2013DEAR EDITOR: Why cut back on anything? I think everyone should forget there is such a thing as a credit ceiling, or a spending ceiling for that matter.... Showing 10 of 10 comments
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Daniel
Invading and taking over Iraq for no reason did not help. Afghanistan was done all wrong up to 4 years ago and now it is winding down.
Also, spending more on defense than the next 10 countries combined does not help. This is were the problem mostly lies.
Also, The GOP Saying (drum roll please) "NO" to every job creating bill that would raise taxes and revenue also does not help the debt.
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WarrenProud
Yes, we can stop adding more debt. There are ways to fix the entitlement programs that require no more debt. Increase the contributions to social security and medicare for those making the six figure and higher salaries. Make the Richest 2% pay a little more in income tax. Stop fighting unfunded wars like Afghanistan & Iraq that Bush started. Make any war declaration include the tax increase to pay for it and watch the politicians duck for cover. Obamacare itself has cut the debt by $200 billion this year - less for those greedy insurance companies and hospitals. I am tired of hearing the Republicans, Tea Party, and Faux News tell talk about cutting the debt, blaming our great President Obama & the Democrats, and then supporting the know easy ways to fix the problem.
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liemonger
"Increase the contributions to social security"
Yea... the Racheal Madcows are out in full force.
Probably becaue they don't have a job or anything to do except collect a check.
PHARE sHARree.
Dey gerta pay der fairy share.
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ArticWoof
WHERE did Obama cut any debt? Cmon,,, be real here.
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samraree
I dont know about you people but when I got married I saved a few bucks $500 and put it on a down payment for a house..A $27,000 house
and that was a HUGE debt I was way over my head.. but over time I learned more.. there is nothing wrong with being in debt, most people are in debt.. you dont pay cash for a car you aquire more debt buying that car..it adds to your debt.... and if you have children that's more debt.. you'll never get out from under debt..
And then one day you find all your kids out on their own, your car paid off, and your Home is paid off.. you have a few bucks left over but that took time..
Now my point is the feds can aquire debt in times of need..we will get our bills paid off..all it takes is a little time.. And of course the most important thing is jobs..a Man with a job and paying taxes is worth twice as much as a man not paying taxes and collecting welfare and food stamps...
It's JOB loss not a fed. deficit that is hurting our economy...
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SURV69
I agree with samraree
Problem is will the economy improve enough to actually pay back the debt, or will the debt be forever on the backs of the future generations?
Government, in general doesn't know how to not be heavily in debt.
Even the "surplus", years of Clinton was as much to do with smoke and mirrors, as much as if a "realtime" surplus existed . . . but it was definitely a start.
No . . . I'm afraid the government doesn't have the will to go farther in debt and then to make needed cuts during the, hopefully to come . . . good times.
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Billdog
I said prior to the bank bailout, create a WPA with that money. The people would be able to pay the bank if they had a J.O.B. Instead money was given to banks to do as they wished. What a shame they used it to give themselves bonuses for bankrupting their vary own business and back to business as usual. Between the two bailout packages there could have been many jobs created that need to be filled. Our highways are littered, our cities are littered, our infrastructure is a shambles, our power grid is in need of upgrades, our schools need people to help monitor the halls and classrooms, our police need help on the streets, our firefighters could use help, vacant houses and properties across the country in disrepair and falling down, our parks need maintenance. The list is endless. Most (not all) now relieving public assistance would rather have something to do everyday, and even if they don't should have to earn their way. Instead we just gave and go no return on our investment while
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Billdog
the leaches slurped the system dry. Both social and corporate took all they could get and gave nothing.
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samraree
BILL: I agree there were many things that need fixed.. one example is that Bridge on I75 crossing between cincin and covington.. I keep my eye's closed everytime I DRIVE over it!!!!!!!!
Too much of stimulus money went for Bills the states had already made.. Texas took 10 billion; paid their Bills and saved their 6 billion 'RAINEY DAY FUND" that's a crime.. Nothing for Shovel Ready jobs..
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jonathon
No money, but EVERY day there are 103 NEW FEDERAL employees hired, who ever said times are slow?
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