This palls is for the current economic situation America is in right now, and it has been expected to default on august 2. The media had just report that Democrats & republicans are going to vote for a plan not accepted even by the president, what you think will happen? What you would like to happen?
Ibotabo: This palls is for the current economic situation America is in right now, and it has been expected to default on august 2. The media had just report that Democrats & republicans are going to vote for a plan not accepted even by the president, what you think will happen? What you would like to happen?
I would like to see a bucket of chicken go for under $25.00
Ibotabo: This palls is for the current economic situation America is in right now, and it has been expected to default on august 2. The media had just report that Democrats & republicans are going to vote for a plan not accepted even by the president, what you think will happen? What you would like to happen?
Many do not realize the debt ceiling has "often" been raised by government...74 times in the last 49 years to be exact... Pros include avoiding a funding crisis and avoiding default on current loans, which if defaulted on, would trigger "World" wide panic in financial markets.... Cons include letting government continue to operate "beyond" its' means and "allowing" ballooning debt to continue...."allowing" it to grow unchecked.... I am all for checks and balances....Even so, as an "Independent" voter, I am in favor of raising the debit ceiling, BUT only with deficit reduction and spending cutbacks as a condition, along with putting the cutbacks "in place" immediately....
I rarely follow politics and I have to admit that I'm very confused about what each side wants. There has been so much of it in the news and I have tried to make sense of it all.
It seems that one side wants to raise the debt ceiling so that we can borrow more money to be able to pay our bills. The other side wants to put a band aid on the problem and talk about it again in December.
The side I am on is the side that will fix it now regardless of what it takes so that it doesn't come back to bite us again in the next few years.
There were bail outs and stimulus packages that were supposed to get the economy back on track and create jobs. That didn't happen. All it did was give the banks money to collect their bonus. But like I said, I'm not a political person and my opinions are that of a person who looks at things with common sense.
I am on my side. Lets see where we can cut back on our politicians budgets. Maybe we can be easy on the American public and take a look at them and their high living life styles to squeeze our pennies back out of them.
IbotaboOPDurban, KwaZulu-Natal South Africa110 posts
leigh2154: Many do not realize the debt ceiling has "often" been raised by government...74 times in the last 49 years to be exact... Pros include avoiding a funding crisis and avoiding default on current loans, which if defaulted on, would trigger "World" wide panic in financial markets.... Cons include letting government continue to operate "beyond" its' means and "allowing" ballooning debt to continue...."allowing" it to grow unchecked.... I am all for checks and balances....Even so, as an "Independent" voter, I am in favor of raising the debit ceiling, BUT only with deficit reduction and spending cutbacks as a condition, along with putting the cutbacks "in place" immediately....
Everybody is going with the republicans; So Obama is on really mess
Happygolucky4u: I am on my side. Lets see where we can cut back on our politicians budgets. Maybe we can be easy on the American public and take a look at them and their high living life styles to squeeze our pennies back out of them.
Hi Beautiful Happy!!!...This would certainly be a "step" in the right direction....!!
Ibotabo: This palls is for the current economic situation America is in right now, and it has been expected to default on august 2. The media had just report that Democrats & republicans are going to vote for a plan not accepted even by the president, what you think will happen? What you would like to happen?
First of all it's a shame that the country is so devided.
Second it's wrong that both parties haven't been able to work together to come to a agreement which is probably expecting to much out of our political figures anyway.I doubt if they ever will.It's amazing all this debt ceiling stuff just seemed to have happened to occur during the time when it's re-election time.How convenient. Both sides appeared on tv the other night and took up airtime just to put the blame on one another.Well they had better remove their heads out of their butts and get this going before the Aug 2nd deadline.
Ccincy: First of all it's a shame that the country is so devided.
Second it's wrong that both parties haven't been able to work together to come to a agreement which is probably expecting to much out of our political figures anyway.I doubt if they ever will.It's amazing all this debt ceiling stuff just seemed to have happened to occur during the time when it's re-election time.How convenient. Both sides appeared on tv the other night and took up airtime just to put the blame on one another.Well they had better remove their heads out of their butts and get this going before the Aug 2nd deadline.
Not since the "Great Depression" has America faced a financial crunch such as the one she faces now...In my opinion, this so called recession is even worse because it is much more convoluted....it is much harder to resolve.....and it has been a long time in the making....Of course some of the "airtime" is campaigned based, however that does not diminish the problem Ccincy.....The parties are not so much divided as they are aware of what is at stake...The more complicated a problem, the harder it is to solve...IMO, it is times like these that Americans need to get behind their government, not bash it....
leigh2154: Hi Beautiful Happy!!!...This would certainly be a "step" in the right direction....!!
I wish they would let me stream line their budgets...... I know when my children were little if I needed to cut back I did not take from their lunch money. What went was little things that were really not necessary. Like my hairdresser appointment.
A big part of the reason the country is financially becoming a joke is both parties care more about themselves and being "right" than about the country. Until that sentiment changes, the US will continue its slide. You could have geniuses in both parties, but unless they are willing to work together, it would be more productive to be led by a well meaning down syndrome person.
Happygolucky4u: I wish they would let me stream line their budgets...... I know when my children were little if I needed to cut back I did not take from their lunch money. What went was little things that were really not necessary. Like my hairdresser appointment.
Boy do I hear that Hap!....Once, when I was very young (and poor) I had to decide if I should cut the last hotdog in half or give the whole thing to my little daughter...She got the whole thing!! And I love hotdogs!!
Off to my parents house to get daddy ready for bed...have a great evening sugar!!
Hi Leigh, I agree with you about being behind the government and not bash it ....I do so pretty much for the humor of it...well I do that with everything ...but to get back, I truly believe that these guys in no way could not have seen this coming and done what was needed to do 6 mo. or a year ago. Instead they fought right up to the dead line ,placing god knows how many folks paychecks ,that many have worked their entire lives lives for in jeopardy. It is NOT their money or budget to screw around with , it belongs to us , they ALL need to be shown what the voters think of all this come next elections ....and that goes for both parties. Vote ANYTHING but Rep. or Dem.
It is too late right now but we really need term limits on these bozos. It's not like this debt ceiling is any surprise.
On to the poll question: I lean more toward the GOP on this but think they should compromise on a few things to get a few Dems on board. Screw BHO and whatever he wants.
montecito: I rarely follow politics and I have to admit that I'm very confused about what each side wants. There has been so much of it in the news and I have tried to make sense of it all.
It seems that one side wants to raise the debt ceiling so that we can borrow more money to be able to pay our bills. The other side wants to put a band aid on the problem and talk about it again in December.
The side I am on is the side that will fix it now regardless of what it takes so that it doesn't come back to bite us again in the next few years.
There were bail outs and stimulus packages that were supposed to get the economy back on track and create jobs. That didn't happen. All it did was give the banks money to collect their bonus. But like I said, I'm not a political person and my opinions are that of a person who looks at things with common sense.
This is why their should be a test before someone is allowed to vote.
I don't think either one know what they are doing. They are putting our elderly and the veterans at stake just to make a point. The point is they should give up their salaries until they get this resolved, just like, I believe, Minnesota.
Ibotabo: This palls is for the current economic situation America is in right now, and it has been expected to default on august 2. The media had just report that Democrats & republicans are going to vote for a plan not accepted even by the president, what you think will happen? What you would like to happen?
I'm not divided. Raising the national debt ceiling is like trying to eliminate drunk driving by raising the driving alcohol content limit. Crazy stuff...
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America is divided on the debt ceiling issue; so which side you are in?(Vote Below)