The real problem the US has is debt, so why are we increasing it and creating massive inflation all at once?
August 18, 2010 
4 Comments
interdependent globalized world asked:
It's kind of funny if it weren't so sad. The "experts" are giving all the wrong answers and in fact making the problem even worse for the coming future.
It's kind of funny if it weren't so sad. The "experts" are giving all the wrong answers and in fact making the problem even worse for the coming future.
Everything you see in the market and for all the businesses is a symptom of the debt problem.
Americans are out of cash, that means the GDP will spike downwards, people will lose their jobs. We don't have a manufacturing base in the country anymore. The US won't and shouldn't be the greatest country in the world after how it has acted and behaved.
The government is bankrupt as well.
I said this earlier but,
The fed saying will print money to an unlimited extent until it starts to
see the economy expanding is like captors saying
the beatings will continue until morale improves.
The only answer to me is that it is intentional. They are creating inextinguishable debt.
The problem is that America has debt for no real reason at all.
I do not have a problem with spending, but we do not get what we paid for.
George Bush has ran up this massive deficit and we have nothing to show for it.
You can run up a massive deficit and think of it as an investment.
Bush ran up a massive deficit for no reason at all.
No reason for Bush's debt?
9/11? Katrina? Afgan and Iraq War? Irresponsible Democrat spending amendments to every stinking bill that gets passed? That's all Bush's fault?
Me think not.