An explanation of the US Debt crisis for people who don't understand.
11 replies, posted
Welp
[video=youtube;Jjv-MtGpj2U]http://www.youtube.com/watch?v=Jjv-MtGpj2U[/video]
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Way to go America!
Sweet, I wonder if I get to be among the generation that sees global economic collapse.
TL;DR we're fucked.
Stripping congress of the power to set their own wage might be just one of many useful ways to cut useless spending.
[QUOTE=Silent-Bob;31683483]Stripping congress of the power to set their own wage might be just one of many useful ways to cut useless spending.[/QUOTE]
And Congress is totally going to pass a law that does that :rolleye:
Debt isn't a problem if you keep paying it off.
[QUOTE=Tim Henson;31683697]And Congress is totally going to pass a law that does that :rolleye:[/QUOTE]
Not saying it's likely, but it's a huge thorn in our side.
[QUOTE=5killer;31683793]Debt isn't a problem if you keep paying it off.[/QUOTE]
But to do that you would have to drastically cut spending which in turn would lead to a recession.
I mean I'm just quoting the video here, did you even watch it?
I understand these happenings fully.. Sad, half of America are to ignorant to pay attention.. I research this kind of information, no doubt!
This is pretty scary, I want a better American future, not a horrible future.
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