2006-07-15 06:25:17 · 11 answers · asked by Anonymous in Politics & Government ➔ Politics
Not a big deal. Government $ in the bank/owed isn't nearly as important as it used to be. The US has far more things to worry about than what it owes its own citizens, Citigroup, and the asian banks. I'm much more worried about what US consumers owe in aggregate.
2006-07-15 06:31:53 · answer #1 · answered by tdsbu 2 · 0⤊ 0⤋
The US doesn't owe a trillion dollars. The government has spent a trillion dollars to support our government programs, services, etc., but the money doesn't exist. We, our government, just prints money to pay for things when we run out of cash in our budget. It really is a scary thing.
2006-07-15 13:31:26 · answer #2 · answered by Emma 3 · 0⤊ 0⤋
Dude, you know I'm good for it, I just got a lot of stuff going on right now. I got to get my car fixed and my rent just went up!
It makes the country sound like my old college roommate.
Government schools don't teach kids fiscal responsibility their parents don't have it and nether do political officials.
So the rich get richer because they continue to do the things that make them rich (saving money)
If our country took responsibility for it's fiances and lived within it's means by cutting programs that should be left to the states (I would say almost all of them) we could pay this thing of in 10-20 years because we would cut the size of the government by at least 2/3. Then we would not owe our lives to the ability of others to lend us money, unlike my old roommate.
2006-07-15 13:55:35 · answer #3 · answered by MP US Army 7 · 0⤊ 0⤋
I think it is great for the World Bank and the Skull&Bones.
A trillion dollar debt at 5% interest is 50 billion dollars.
Praise Bush and his wonderful red right for spreading the wealth around.
Red Staters love giving money to the World Bank Go reds, go reds.
2006-07-15 13:44:26 · answer #4 · answered by Rocketman 2 · 0⤊ 0⤋
I think that we're fighting a war, and thats what happens. We wouldn't be in this boat if clinton had seen the signs earlier instead of trying to get his cock sucked.
2006-07-15 13:28:44 · answer #5 · answered by ellie_belle 1 · 0⤊ 0⤋
They better get on the ball and get it paid off....I know if it was anyone else, they would be on them about it in a heart beat to get it paid off a.s.a p. if it was their own checkbook the banks would cut them off.
2006-07-15 13:35:13 · answer #6 · answered by qckdrw 2 · 0⤊ 0⤋
Well why dont they just plunder more Iraqi oil and sell it...and while they're at it sell some more weapons...even sell nukes to North Korea
2006-07-15 13:30:15 · answer #7 · answered by Petra_au 7 · 0⤊ 0⤋
who do we owe this money to? the US gives more and more to the rest of the world, why don't they owe us?
2006-07-15 13:28:47 · answer #8 · answered by Anonymous · 0⤊ 0⤋
They'll prolly hire a good banckruptcy lawyer to get them through this.
2006-07-15 13:27:41 · answer #9 · answered by baraaa 3 · 0⤊ 0⤋
It'll be paid off
2006-07-15 13:26:53 · answer #10 · answered by Anonymous · 0⤊ 0⤋