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Politicians and the National Debt
1-13-2012 | me

Posted on 01/13/2012 1:25:07 PM PST by jim_trent

I keep hearing the GOP politicians saying that we are $15 Trillion in debt and how horrible that is. However, it is not getting much traction as an issue.

Why don't they say "Each and every one of you owes nearly $50,000 in your part of the national debt. And, a family of four owes nearly $200,000. How are you going to pay back your portion of the debt?"

I believe that framing this way would get a lot more traction.

They could also say that there are only three ways to discharge that debt. Default, meaning most peoples retirement savings would be wiped out. Taxes, which means most people would owe more than the make in a year. And, inflation, which makes everything (including debt) worth less. During inflation you have to run as hard as you can just to stay in place.

I am very disappointed that ALL the politicians I have been hearing have not framed this problem in terms that people would have to listen to.

"How do you plan to pay your portion of the debt?"


TOPICS: Miscellaneous; Your Opinion/Questions
KEYWORDS: vanity

1 posted on 01/13/2012 1:25:09 PM PST by jim_trent
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To: jim_trent
Why don't they say "Each and every one of you owes nearly $50,000 in your part of the national debt. And, a family of four owes nearly $200,000. How are you going to pay back your portion of the debt?"

I believe that framing this way would get a lot more traction.

Yes. That would create a lot of good traction.... for the Democrats.

Obama responds: "Each and every one of you owes nearly $50,000 in your part of the national debt. How can working families afford to pay this? Let's be fair!!! Let's make sure that rich people pay their fair share of the debt so working families are not unfairly penalized by George Bush's debt!"

2 posted on 01/13/2012 1:37:07 PM PST by sam_paine (X .................................)
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To: jim_trent

Traction will only be achieved when the checks bounce. Until then it will be spend, tax and pretend.


3 posted on 01/13/2012 1:42:43 PM PST by Voltage
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To: jim_trent; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; ...
RE :”Why don't they say “Each and every one of you owes nearly $50,000 in your part of the national debt. And, a family of four owes nearly $200,000. How are you going to pay back your portion of the debt?” I believe that framing this way would get a lot more traction.

Why doesn't the family just print it's own money and then loan it to itself? Then it would have credit and good interest rates no matter what the credit score was.

Dad could take away juniors paperboy paycheck and save it in a trust fund for his college, Given that banks are not safe dad could just invest the money in a new car for himself, and then write the junior college trust fund that he manages a IOU note(to himself). That way when junior graduates the trust fund will be there when he needs it for college like SS is.

Instead of dad wasting money on his new cars (the investment's) auto insurance dad could just self-insure it. Dad would pocket the premiums money and use them for gas for himself and then if he wrecks the car he would pay for it himself. How would he do that?? Borrow it. But dad has bad credit himself ... so he would borrow it under his youngest son's name(the brother) since he still has good credit, to replace the car to pay back the notes to fund junior’s college. Nothing will happen, dad wont have an accident...and in 10 years sell the 10 year old car so junior can go to a great college,,

See what a family could learn from our leaders?

4 posted on 01/13/2012 1:46:54 PM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: jim_trent

“frame the problem”? how about a solution that will work? Most people elected to office have been corrupted by power,(see Lord Acton) spending money they should not. We have better examples from the past, like Davy Crockett,
see http://www.juntosociety.com/patriotism/inytg.html
(I have no personal connection to this link).
When Congress stops spending money it does not have, we will recover. I judge candidates by their actions, especially when their actions do not match their words. So much for listening to the comedy act of presidential debates.


5 posted on 01/13/2012 2:56:27 PM PST by Pyrrhomaniax
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Slap those Dems!




6 posted on 01/13/2012 3:06:45 PM PST by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: jim_trent
"How do you plan to pay your portion of the debt?"

I am debt free, I don't owe anyone anything and don't plan on doing any paying to anyone.

You can distribute my supposed debt amoungst the rest of you...I ain't paying ----!

7 posted on 01/13/2012 5:12:37 PM PST by blam
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To: blam

Anyone that thinks they will be untouched when the financial system collapses is a fool.


8 posted on 01/14/2012 6:17:22 PM PST by jim_trent
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To: Voltage

Unfortunately, you are correct.


9 posted on 01/14/2012 6:18:24 PM PST by jim_trent
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To: sam_paine

> Yes. That would create a lot of good traction.... for the Democrats.

Oh, I get it. Lets keep quiet about the problem so the Demoncrats can’t use that against us. Good plan.


10 posted on 01/14/2012 6:19:53 PM PST by jim_trent
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To: jim_trent
"Anyone that thinks they will be untouched when the financial system collapses is a fool. "

I agree.

You're preaching to the choir.

Prepare now.

11 posted on 01/14/2012 6:49:55 PM PST by blam
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