Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: aimhigh; All

How much are we paying towards the principle?

I don’t see the principle going down (the federal debt outstanding)

All the federal debt does is go form 12 to 13 to 14 to 15, now 16 trillion dollars, and up and up.

We first have to stop borrowing. Then find a way to start paying down the debt from $16 trillion to 15 to 14, 13, etc.

You get the point...


5 posted on 05/07/2013 7:25:53 AM PDT by Laissez-faire capitalist
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Laissez-faire capitalist
We first have to stop borrowing. Then find a way to start paying down the debt from $16 trillion to 15 to 14, 13, etc.

DRILL, BABY, DRILL. Drilling on private land will lower the debt and the government can't stop it. Oil - the 21st century gold rush.

6 posted on 05/07/2013 7:49:35 AM PDT by stars & stripes forever ((Blessed is the nation whose God is the Lord!))
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson