America is gona crash? Serious people only!!!!?

Question

Ok serious people only. What do you think about America... I'm not republican or democrate. I just think America is gona be hurting.... I'm sorry but we owe like what 6 trillion dollars to other countries? thats not including the the intrest we have to pay aswell. We are constently being drained money from our war with iraq and afgan. We have to support dead beats who live of welfare. We have politicians who think they are allowed to use our taxe money to run again. We are suckered into buying oil for high prices. Other countries our trying NOT to do trade with America cause of it's bad name. I'm sorry but I don't see a future here in America. I was woundering dose anyone got good news... And keep that republician/democrate talk to yourselfs I want some answers.

I agree where should I move too now???

The reason I think America made it through the great depression and other hard times was the fact people actually cared... This is 2006 not everyone has a heart. Look on tv and you will see.

Barbie73 I'm so glad you posted that... I'm sorry to hear about your country....

We there are alot more things I can add like

The money we spend prisons? I'm sorry but to keep some guy who killed like 3 people alive is not really the best money managemnet plan.

Big companies our outsourcing your jobs to other countries.

Money wasted helping other countires that do not really like us... These are just a couple others I can think of....

I'm glad alot of people see this... I thought it was just me....

Thanks jack for posting.

Answer 1

You said you wanted serious answers, so I'll take you at your word. It's not nearly as bad as you think. Cheer up.

Yes, America owes trillions. But please remember three points:

1. The vast majority of that debt is not owed to foreign nations. Over two-thirds of it is owed to the American people themselves. Everyone American who purchases US Savings Bonds or Treasury Bonds (T-Bills) is purchasing a portion of that debt.

2. The American economy is worth approximately 3 trillion dollars a year. That means the US has about a two-to-one debt ratio. Putting that in micro-economic terms, it's the equivalent of someone who brings in 100k a year, and whose only debt is a 200k mortgage. Any economist would tell you that that person is doing very well indeed. Most people's debt ratio is far higher.

3. The US has the lowest debt ratio of any industrialized country. No other country in europe or anyplace else has that little debt relative to the size of its economy.

As to your comments about the cost of the war. Yes, for now it's not cheap. But this is not a permanent expense. In a few years it will go away. So in the short term -- you're right -- it calls for a little belt tightening; but in the long run, it's not much to worry about.

Also, the amount of the budget consumed by all of the social-welfare programs of the US (minus Medicare and Social Security) amounts to no more than 3% of the annual budget. everyone always thinks its more; but seriously, it's a very small percentage. In Britain, social welfare costs are about 18% of the total budget. In France, about 22%; and I could go on, but I think you get my point.

As to your comments about trade. Actually, people are lining up to trade with America. America leads the world in Computer hardware and software sales. The agricultural industries of America sell to the world. While America has lost manufacturing jobs over the years -- this is not to worry, as America has transformed itself into the first Post-Industrial society, providing services to clients around the world that earn American companies hundreds of billions every year.

And finally, yes, oil is a problem. But it's not just America's problem, it's a problem for everyone else as well. The greatest challenge of this century is going to find the substitute for the world's addiction to petrolium. But here's the good news. Because America has one of the strongest economies on earth, It's Americans who will have the greatest resources to come up with an answer. And that answer having been been found, will make Americans even better off tomorrow.

Don't believe all the bad news you hear on the news. Remember, people in the media want ratings points. And they don't get viewers by concentrating on good news -- only bad. There's plenty of good news out there. Trust me.

Hope this answer helps. Cheers, mate.

Answer 2

What you are thinking kinda goes along with what my dad and I were talking about the other day. Something is going to have to give someday.....and it scares the heck out of me. Just suppose all those countries we owe; wanted to get paid back within the same time period. What would the U.S. do? Not just that; but all the people depending on government aid, would stop getting their check and food stamps......The crime would increase to an alarming all-time high, and people would start boycotting in the streets and breaking into people's homes,robbing, and killing them. Our children would have to be home-schooled because of the crime hitting that area of our lives too.The stock market would crash and it would be the same scenario all over again like the stock market crash years ago. Some people seeing no-way out would be committing suicide. Finally the countries we owe money to would start demanding back or (else)! Just think about it for a minute. World War 3? Armageddon? The end of civilization, as we know it. It don't sound so far-fetched now like it did when I was a child....and the clock is ticking, ticking away.

Answer 3

We are in economic trouble, yes, as will become more apparent as time goes on. --You're totally correct.

If one cares, one can only worry. Denial is very popular, but unhelpful, of course.

America is the deepest in debt it has ever been, and is making global enemies by the day. See a problem ahead because of this? I sure do. And, short term, the dollar is taking a pounding daily, based on our failure to contain our debt.

Further, remember all those factory closings in the 80s? That was just the beginning of the crippling of America as an industrial might. Before that, we were the number one producer of durable goods in the world. But since then, we have been supplanted by outsources. The critical problem with this is we no longer make our wealth, no longer manufacture it. It is a service economy, an end-user economy.

All this said, not to place blame, but to support your point, which we are poised to be kicked back down to third world status: Poor; no manufacturing sector to make us a player in world trade... just threats and weak diplomatic posturing.

Those who remember the America of 50-70 years ago can but weep at the shagging it has recieved in the last 25 years.

Answer 4

America has survived times much more turbulent and economically devastating than those times we face today. The Great Depression is an example. The strength of America is not the politicians in Washington. It's the backbone and fortitude of the individual citizen.
Your question seems to relay an opinion that we, the citizens, are at the mercy of the politicians. That cannot be further from the truth. The power to govern comes from the people.
The national debt is troublesome. But our economy will continue to expand by the sweet and toil of each American. The expanded economy of the future will pay the bills.

Answer 5

Good news -
The potential for a shift in our culture is there b/c many see a void in the current parties (myself included).
Some universities are opening up to some good philosophy (Objectivism), needed to make any serious cultural shift.
China, while still having many really serious problems, is in many regions adopting capitalism. They can't eat the dollars that we trade to them for their production; some of that has to come back here.
Gas/oil never really got as high as most people think; you need to account for inflation (google inflation calculator, then run $2 or $3 in 2006 to 198x).
Other than dictators (Chavez), I'm unaware of countries trying to avoid trade w/USA. Even he can't really do it, b/c oil tends to be hinged to world markets.

Answer 6

If we don't stop spending like a crazy person with a credit card and start paying off the national debt we can't help but crash. One day we will wake up and hear on the news that the government is bankrupt and you're own you're own. No police, fire dept.No Social Security.No one to fix the streets or street lights. In other words, we will be a third world country.

Answer 7

We are not being "drained money" -- money spent in a war shifts into the military-industrial complex. Firms manufacturing military hardware hire more people, and money is distributed in manufacturig, transportation, and all the direct and indirect industry connections. In every war we've been involved in, there was an economic BOOM during and after the war years because of this huge expenditure by the federal government.

If America crashes it will be directly related to liberalism and dem policies;
~ homosexual "marriage" demands
~ increasing our taxes & bigger government
~ continuing the killing of helpless unborn human babies
~ slamming Christianity at every opportunity, while ignoring the worldwide threat of Islamo fascism. The evil of Islam will fill the void if Christianity is diminished.
~ pornorgraphy
~ liberalising drugs
~ banning gun ownership
~ bashing our police forces
~ disrespect and slamming parents, teachers, our solid establishment
~ election fraud (a dem speciality)
~ trying hard to negotiate with terrorists, as if they are on the same level as us. They will sign peace documents then continue to ignore them.

Answer 8

Lots of views here but everybody has left out the fact: how many countries owe us money?

Answer 9

"Dead beats on welfare" are your fellow Americans, probably left unemployed by the inept tactics of the administration! Most of the cash was funnelled around by greedy politicians, but when a yahoo gets caught stealing a dollar from work he gets fired. You should have treated your workers better.

If America does crash, it will simply sell itself out piece by piece like a jigsaw puzzle.. Corporations will take over even more than they have now. Politicians have been backscratching for way too long, they'll put companies in charge of all the public operations.

Answer 10

I live in South Africa and everyone here is immagrating there so imagine how bad it is here and how much worse it's going to be. The thing with America is it stills has enough money to sustain a good economy for a long time so now is not the time to worry maybe in a few years. Oh and America is a hotspot for tourists so thats a good thing for the economy. America also has ties with other countries.