Tuesday, October 13, 2009

U.S. Debt

USDebtClock.org
Just watch those numbers go. It'd be almost entertaining it it wasn't so damn scary.

3 comments:

Silke said...

The only way things will get better is if we restructure entitlements. That is our biggest budgetary problem and the President has started to address this with health care reform – but there’s still a long way to go. The only other thing that can help is to control government spending and hope the economy improves enough to help increase revenues. Most economists agree that the stimulus bill was necessary to keep our economy from getting much worse and the President has pledged to reinstitute “pay as you go” for future legislation. I think that’s a good start.

Chris, what do you think the President should do?

Christopher Lee said...

What do I think he should do? I think he should listen to the people. We don't want the health care plan Congress is trying force on us.
http://www.cato.org/pub_display.php?pub_id=10622

Silke said...

He campaigned on healthcare reform and was elected, so he is listening to the people.

We have no choice but to restructure Medicare and Medicaid. It will bankrupt the government unless we address it. If healthcare legislation is able to reduce the deficit will you support it?

What else do you think the President should do?