• U.S. Debt - $14,000,000,000,000
    310 replies, posted
The worst thing is that a War could get Rid of [B]all[/B] of it. I mean, that its almost a provocation.
Lets go universal health care. I want to see how high this number can get!
[QUOTE=Zeke129;28114049]So Bush was socialist since he didn't abolish tax? By your logic, there is not a single country in the world that isn't socialist[/QUOTE] My claim wasn't that right wing politicians were consistent in what they advocate, or that they are advocates or defenders of Capitalism. Just because america's conservatives are inconsistent and can't reconcile the selfish nature of Capitalism with their hard on for Christ's selflessness and as such can't come up with decent reasons to cast of redistribution of wealth dosen't change the fact that its a socialist idea.
[QUOTE=Zeke129;28114049]So Bush was socialist since he didn't abolish tax? By your logic, there is not a single country in the world that isn't socialist[/QUOTE] There was a time when America WAS fully capitalist. It was called the gilded age. The quality of life back then was abysmal.
I love my country.
[QUOTE=ShukaidoX;28113458]Fun-fact, it's physically impossible to count to 1 Trillion (not spend it though!).[/QUOTE] No it's not? [QUOTE=T2L_Goose;28113486]Just keep spending! It will go away if you keep spending![/QUOTE] The debt will forever grow. There is no way to get rid of it. The deficit, is a different matter on the other hand. [QUOTE=Zeke129;28113605]There was a surplus, yes, but there was still debt.[/QUOTE] There is always debt. At the current moment, the US economy is stagnant pretty much.
[QUOTE=faze;28113673]This is by far the worst since the Great Depression, third is the recession in the 80's. The spending issues that Obama has on useless shit, is part of the problem. This bullshit war that we're in, in the Middle East is also the issue. [editline]17th February 2011[/editline] It's cute that you think he's not. You're deliciously naive. But then again, most of Facepunch is left-winged.[/QUOTE] Funny you'd say that he'd do that, considering the fact that a fascist dictatorship isn't even a left-wing oriented thing.
didn't we already go over this, obama can't be a socialist because he supports a capitalist system you can't be socialist in the united states without advocating a complete redesign of the country
[QUOTE=Novistador;28114298]My claim wasn't that right wing politicians were consistent in what they advocate, or that they are advocates or defenders of Capitalism. Just because america's conservatives are inconsistent and can't reconcile the selfish nature of Capitalism with their hard on for Christ's selflessness and as such can't come up with decent reasons to cast of redistribution of wealth dosen't change the fact that its a socialist idea.[/QUOTE] Fair enough, but that doesn't make socialist ideals bad (or incompatible with capitalist ideals). You said yourself that the alternative ideals are selfish. (Which can be very destructive to a society)
Fractional Reserve Banking at it's finest.
If I had that money I could probably buy the games I wanted in 2011. Maybe.
As long as the big companies don't run into problem, neither will America even if the debt grows bigger.
[QUOTE=Brage Nyman;28114468]As long as the big companies don't run into problem, neither will America even if the debt grows bigger.[/QUOTE] Big companies will continue to destroy themselves without some regulation. Unchecked capitalism is designed to fail in cycles.
[QUOTE=Novistador;28114033]Advocating the redistribution of wealth, in any form, no matter how small is socialist. The reason there was no great push for a "single payer" system in the US is because the politicians there know they could never get away with such a thing, so they passed as much as they could get away with even though they knew it was unsustainable so that in the future they could crusade further toward their real goal, while blaming the problems with their old system on their adversaries. Just because Obama doesn't declare all out martial law and take over every part of the american economy and american life doesn't mean he isn't part of the movement thats trying to inch their way towards that goal, in ways that are small enough not to promote all out indignation in the american people(the ones who aren't already leftists.)[/QUOTE] I hate to keep saying this, but instituting martial law isn't even leftist. Even if Obama was trying to take over the American economy, that might be Socialist, but Socialism is an economic ideology you pillock. By the way, what "ways" that are small enough not to promote indignation among all non-leftists has Obama taken to do this?
[QUOTE=Zeke129;28114499]Big companies will continue to destroy themselves without some regulation.[/QUOTE] All free markets require regulation in-order to prevent monopolies and the such.
I love how a large portion of Americans think it's a terrible thing to take care of your sick and injured people, but if they'd ever find themselves in that position they'd cry bloody murder.
[QUOTE=R3mix;28114508]All free markets require regulation in-order to prevent monopolies and the such.[/QUOTE] Of course this is true, as Laissez-faire Capitalism simply does not work.
I started economics this semester and the debt clock is the first thing our teacher showed us. He then went on to explain how the US is most in debt to itself. No shit.
[QUOTE=Miskav;28114537]I love how a large portion of Americans think it's a terrible thing to take care of your sick and injured people, but if they'd ever find themselves in that position they'd cry bloody murder.[/QUOTE] In my experience, it isn't that Americans don't like the idea of taking care of the sick and injured, simply that they don't feel like they should have to pay for others' misfortune. I personally disagree, but that's mainly the reason why. Of course among right-wingers, the main issue with it is the "Socialism" of it.
[QUOTE=kidwithsword;28114559]I started economics this semester and the debt clock is the first thing our teacher showed us. He then went on to explain how the US is most in debt to itself. No shit.[/QUOTE] Like I mentioned before, the debt is going to continue growing, there is absolutely no way to get rid of the debt. The deficit is another topic though. That can be solved.
[QUOTE=T2L_Goose;28113486]Just keep spending*! It will go away if you keep spending*![/QUOTE] *on military and other "important" things
So wait... their debt is on par with their GDP? What the hell?
[QUOTE=Megafanx13;28114577]In my experience, it isn't that Americans don't like the idea of taking care of the sick and injured, simply that they don't feel like they should have to pay for others' misfortune. I personally disagree, but that's mainly the reason why. Of course among right-wingers, the main issue with it is the "Socialism" of it.[/QUOTE] "They don't mind taking care of the sick and injured but they don't want to take care of them" That's... Pretty much the dumbest stand-point I've heard in years, do they really think that way?
[QUOTE=R3mix;28114602]Like I mentioned before, the debt is going to continue growing, there is absolutely no way to get rid of the debt. The deficit is another topic though. That can be solved.[/QUOTE] This can be accomplished in a great amount by scaling back the defense budget and raising taxes.
Thats a lot of monies
[QUOTE=Miskav;28114633]"They don't mind taking care of the sick and injured but they don't want to take care of them" That's... Pretty much the dumbest stand-point I've heard in years, do they really think that way?[/QUOTE] They just don't want to have to pay more in taxes. This is a more valid concern among misinformed lower-class families, but it's still there.
[QUOTE=Megafanx13;28114577]In my experience, it isn't that Americans don't like the idea of taking care of the sick and injured, simply that they don't feel like they should have to pay for others' misfortune. I personally disagree, but that's mainly the reason why. Of course among right-wingers, the main issue with it is the "Socialism" of it.[/QUOTE] They're fine paying for invasions of foreign countries and massive overcrowded prisons, but not healthcare?
[QUOTE=Megafanx13;28114644]This can be accomplished in a great amount by scaling back the defense budget and raising taxes.[/QUOTE] Not necessarily. It's all about production and economic growth. Let's say we invest more into research and education, our economy will grow if we develop a new technology. For example, let's say we're the first to make ocean water into a new fossil fuel, or something along the lines, that would revolutionize our world. Not ipods, or silly things like that, those are luxury resources. But, let's say we make ocean water into a new fossil fuel, our economy will be booming because of the technology. Demand will increase, and Supply is Abundant. We'd be at the top via economy. But, we also need to undergo inflation if we're going to fix the deficit. By inflation I mean, it's time we start producing here, and stop importing as much as we do.
[QUOTE=Zeke129;28114680]They're fine paying for invasions of foreign countries and massive overcrowded prisons, but not healthcare?[/QUOTE] Trust me, I know it's hypocritical. [editline]17th February 2011[/editline] [QUOTE=R3mix;28114703]Not necessarily. It's all about production and economic growth. Let's say we invest more into research and education, our economy will grow if we develop a new technology. For example, let's say we're the first to make ocean water into a new fossil fuel, or something along the lines, that would revolutionize our world. Not ipods, or silly things like that, those are luxury resources. But, let's say we make ocean water into a new fossil fuel, our economy will be booming because of the technology. Demand will increase, and Supply is Abundant. We'd be at the top via economy. But, we also need to undergo inflation if we're going to fix the deficit. By inflation I mean, it's time we start producing here, and stop importing as much as we do.[/QUOTE] Those are important things as well. I believe we also need to stop out-sourcing and bring industry back to America in full force.
[QUOTE=Megafanx13;28114704]Trust me, I know it's hypocritical.[/QUOTE] And it isn't like you'd be paying only for other people, you're paying for your own care as well.
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