What do you think of the national debt? Will you pay your portion?

Question

http://zfacts.com/p/461.html

Answer 1

When the Prez & his accomplis pay their part, hollar.

Answer 2

Increased national debt will worsen the credit crunch. The gross national debt is more than $9 trillion, but the foundation deems the “real national debt” significantly higher at $52.7 trillion when Social Security and Medicare obligations, among others, are included.

Neither Democrat Barack Obama nor Republican John McCain has a credible plan for balancing the budget.

Americans continue, therefore, to spend more than they produce, import more than they export and, through their government, spend more than they tax. The result is a series of imbalances that, given the importance of the United States in the world, spills over the country's borders.

Until the U.S. gets a grip on its structural weaknesses, the result of bad governing, the world will be a turbulent place.

Answer 3

How would you determine what each person's share of the national debt is? If it is the total debt divided by the number of people in the US, sure I'd do it. But I figure there are a lot of people who couldn't afford it and it would be pushed back on people like me. I already pay too much in taxes. I don't need to pay any more.

Answer 4

The national debt is not a phone bill that can be handed out in portions to all the citizens.  It is up to the government to maintain order and a sense of fiscal responsibility.  That has not happened since 1957 was Eisenhower was in office.  You heard me right - Eisenhower was the last president to serve a balanced budget to the good people of the United States.  Clinton certainly made an incredible attempt at it, but fell short of balance by $18 billion in 2000.  Don't listen to what CNN says as they are clueless about how to interpret the US government accounting standards.  But the truth is there.  You just need to know where to look.  The article below explains it all.

http://www.geldpress.com/2008/07/us-budg...

Answer 5

i didn't spend that money, I'm not paying.

I contribute my taxes every year (well every paycheck) if they can't budget and stay with in their means, i'm not paying anything for stuff I didn't authorize or get a say in spendin.