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Turn out the lights, the parties over??

China saves, invests and grows at 8 percent. America, awash in debt, has a shrinking economy, a huge trade deficit, a gutted industrial base, an unemployment rate surging toward 10 percent and a money supply that's swollen to double its size in less than a year. The 20th century may have been the American Century. The 21st shows another pattern.

Answer Question
 
Carpy

Asked by Carpy at 8:52 AM on Jul. 18, 2009 in Politics & Current Events

Level 39 (114,053 Credits)
Answers (23)
  • We borrow too much from foreign countries specially China and the eastern countries. Bad news!
    bringin

    Answer by bringin at 9:10 AM on Jul. 18, 2009

  • This nation is digging a bigger hole with each and EVERY spending bill that is passed. I wish people would think about the type of country they want to leave their children and grand children.. A nation that owes a tremendous amount to foreign countries like China, is not my idea of a solid, secure nation from which to grow. A nation that encourages debt for social programs that only attract one segment of the population (the ones who do not contribute into the system, or receive a return greater than what they paid in), is not fiscally responsible. A nation that continues to tax the upper earners will stifle development.  A nation that seems to encourage government dependence is not looking forward in the best interest of my children.jmo

    grlygrlz2

    Answer by grlygrlz2 at 9:25 AM on Jul. 18, 2009

  • We take care of everybody instead of expecting people to take care of themselves.

    It boils down to covetousness.

    People want to believe that they must have everything that everyone else has, instead of being thankful 1st. That makes life crap. When we were less financially able, I just looked up to Heaven and said, "God, you gave us a back and a brain, give us what you will." We were silly, and hoping for the best, pretty young and wide eyed. If we lose it all today, we will depend on God. What we have come through, some of it is not funny, but it's made us who we are.
    Tough times make tough people. We expect only what we can get for ourselves.
    mustbeGRACE

    Answer by mustbeGRACE at 9:59 AM on Jul. 18, 2009

  • Well said grly AND grace! Please ladies wake up
    tnmomofive

    Answer by tnmomofive at 10:19 AM on Jul. 18, 2009

  • This is correct, What is YOUR plan to stop it? This has been going on since we had a national debt it only went down once since then....
    sweet-a-kins

    Answer by sweet-a-kins at 10:20 AM on Jul. 18, 2009

  • This is correct, What is YOUR plan to stop it? For starters, we are working to get liberal leaners to contact their reps and ask them WHY are they spending more money than all other Presidential terms combined? Why are they passing legislation without reading it? Why aren't they allowing Representatives to debate the issues on the House Floor? But, the liberal leaners aren't responding... And yes, I DID THIS WITH BUSH, TOO!


    So, SWEET-A-KINS, WHAT ARE YOU DOING TO STOP IT? You are great at asking questions, but seem to be forgetting to answer them.... Is the current spending by liberals in DC~ the CHANGE you believe in?

    grlygrlz2

    Answer by grlygrlz2 at 10:28 AM on Jul. 18, 2009

  • This has been going on since we had a national debt it only went down once since then....


    So, is it ok to CONTINUE the path, and not CHANGE it? Are you justifying Obama's massive spending liberal agenda on the terms that it has been done before?

    grlygrlz2

    Answer by grlygrlz2 at 10:30 AM on Jul. 18, 2009

  • My plan would be to encourage growth. NOT entitlement such as we are doing now more than ever. Cut taxes ACROSS THE BOARD. Give business a reason to stay not leave. We are the second highest corp tax rate in the world. Japan is the first. End the stimulus I.E. PORK bill and not spend the rest of it except to enablle the tax cuts. take cap and trade and UHC OFF the table. Those alone are keeping the market down. Just locally we have two factories that have announced they will leave the US if cap and trade passes. How many more are there that haven't announced it yet? Obama's agenda is to kill capitalism. Just like they did in Europe so they could usher in socialism.
    Carpy

    Answer by Carpy at 10:35 AM on Jul. 18, 2009

  • Obama's agenda is to kill capitalism. Just like they did in Europe so they could usher in socialism


    EXACTLY RIGHT....THIS MUST BE STOPPED!
    tnmomofive

    Answer by tnmomofive at 10:38 AM on Jul. 18, 2009

  • Answering a question with another question is a control tactic. She is trying to control the direction of this question with her questioning you. It puts you on the defensive.
    Anonymous

    Answer by Anonymous at 11:15 AM on Jul. 18, 2009

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