What possible suggestion could be used to answer the question of National debt?

Question

This is the US National dept: -http://www.brillig.com/debt_clock/
USE this Graph
http://www.brillig.com/debt_clock/faq.html
and tell me what you think would be a great way to try to reduce our National debt?

Answer 1

The best way to do this would be to eliminate the federal reserve and go back to The Gold Standard....back before 1913 when the federal reserve was created people used Gold and Silver Certificates...which looked like regular dollars but could actually be traded for gold and silver at the bank...this way the money always had gold and silver to back it and the economy was booming still. Today we have dollars that say 'Federal Reserve Note' which means no longer can we go to the bank and get gold and silver but it's just really a piece of paper with no value. Also before 1965 nickels, quarters and dimes were made of silver...now they are not.

Again I will say that the way to go would be to pay our massive debt back to the federal reserve and shut it down permanently. Once that's done we could either go back to the gold standard or create a new system.

I personally have an idea that if everyone in the united states dedicated themselves to donate 1 dollar each every week to our national debt that we could have the debt paid off by the end of the year. Think about it...300 million people in the United States, thats 300 million paid to the national debt each week. But then everyone would have to have a knowledge of our debt to do so. I hope this was helpful.

Answer 2

Stop the war, improve the trade deficit (without pissing off China to much), balance the budget. Only 18 more months of the worst president ever, gotta get at least a little better once he's gone.

Answer 3

It will never happen. The best economical minds in the country cannot reduce the debt, because alas, the men in charge still CHARGE IT!

Answer 4

Vote small government! Only vote for candidates from smaller parties, or better yet, independant canditates. Downsize government, quit paying so much in taxes, vote no on anything that increases borrowing, and quit living in fear!The current excesses are created by the same 2 parties that we elect year in and year out. The politicians see that we keep approving of their behavior, so they keep doing it.