10-15 trillion (debt decreases..... yeah right!)
15-20 trillion (stays where it is now, gets a little worse)
20-25 trillion (a likely result. Continued deficit spending year after year)
25-30 trillion (massive debt piled on, possible inflation problems)
30+ trillion (debt, hyper inflation scenario)
It could be that we won't be allowed to borrow any more, like Greece right now. We are bankrupt currently since our debt owed exceeds what we can pay and any moment those debts can be called. Then what do we do? Go to war over the debt? I tend to doubt we could crush China to whom we owe the greatest amount. Probably they will just start gobbling-up our land in exchange for debt, then move some of their military here (which would be their right if they owned the land) and then we'd be in deep doo-doo.
But I'm sure "Cigar" sees the pie-in-the-sky and likes the flavor.
Last edited by CoolWalker; Feb 08 2012 at 07:07 AM.
"If Republicans wanted to Destroy America, they would Vote Democrat."
And if China rolled up through Mexico border in tanks tomorrow it's nothing we could do about it because President Otis can't see the forest for the trees. .
All he cares about is his porn collection and having a big dong to play with anway. Let him sleep.But I'm sure "Cigar" sees the pie-in-the-sky and likes the flavor.
Last edited by 4Horsemen; Feb 08 2012 at 07:21 AM.
God loves everybody. No, God only love those that keep the commandments.
From "Hope & Change to Rope & Chains"... Be Silent!
Depends. Will conservatives keep insisting the rich pay almost no taxes, thus causing the debt to skyrocket?
The middle class is picked dry. You can't ask them to pay for rich men's subsidies any longer. Either we stop the rich from freeloading, or the debt skyrockets.
Which do conservatives want? That is, which do they love more, debt reduction or their rich masters?
Last edited by mamooth; Feb 08 2012 at 07:44 AM.
For the first time in my adult life, I am ashamed of my country.
"hopefully soon the brown people that want handouts and free stuff will outnumber the "regular" Americans and we can have those (socialist) values here" - PF liberal discussing the progressive goal for America.
The two least educated racial groups in America are also the most loyal voters for the Democratic Party. Coincidence?