What affect does the national debt have on America?!
Question: What affect does the national debt have on America!?
As the questions says, what affect does it have on the market, and more importantly what affect does it have on us, as Americans!.!.!.Www@Enter-QA@Com
Answers:
The national debt has too many bad consequences for our country!. I remember Raegan's administration and Clinton's!. Compare the two!. Raegan left the country with a huge defecit!. Clinton hired intellectuals in his cabinet and brought up the economy eliminating defecit and having a surplus!. Country was prospering people had jobs!. Small buisness was growing!. The rich who got richer and poor poorer during Raegan changed to have more middle class citizens who could afford a decent home and food on the table!. Every government has it's faults the domocrat and republican!. But choose the one that makes the country better for the common people not for the selected few!. By increasing the defecit you are borrowing from other countries like in the Bush administration!. Do people learn from their mistakes!? NO!. For the country to be the leading power in the world the economy has to be sound!. That means having a surplus like the Clinton administration!. Not allowing the fat cats in Washington to cheat the tax payers of middle income and eating up their hard earned savings in stock and banks!. Many people including me have lost a lot of savings in the federally insured bank!. Their should be a change to recover from this blight that we are having to pull the economy to what it was when the democrats were in office!. Eight years has seen war, jobs lost to foreign countries, banks bankrupt defecit rock bottom and value of the dollar down to (if not nothing )not good against the Euro and Yen!. Third world countries are catching up to the Big Power that was once AMERICA!. I am not saying that is bad, but American should regain its power in economy before war!. Charity starts right here at home!. I may not have answered your question at all!. But this is the status of our country!.Www@Enter-QA@Com
The national debt has always been here and will always be here!. No one wants or can do anything about it!. I think they should get get rid of it!. Consider it a lose and move on!. Www@Enter-QA@Com
What about the the fact that doing anything will dig us deeper into this hole of debt!? And that we are at the mercy of other countries for energy and money!? Not a safe place to be!. :)Www@Enter-QA@Com
the national debt influences inflation ratesWww@Enter-QA@Com
it influence inflation rates but i think it being over dramatizedWww@Enter-QA@Com
its over dramatised xWww@Enter-QA@Com