Show of HandsShow of Hands

DerekWills February 6th, 2014 3:26pm

In January of 2009, the US debt was $10,600,000,000,000. Today, it is $17,324,000,000,000. This means that in 5 years under Obama's Administration, our debt has increased by $6,724,000,000,000 or a 63.4% increase. Should we raise the ceiling again?

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TomLaney1 Jesus is Lord
02/06/14 4:08 pm

No – we should start seriously talking impeachment.

steelcity Pittsburgh
02/06/14 8:53 am

Sure, we can raise the debt ceiling. In return, you will provide a budget with a $0 deficit.

DerekWills Lone Star Gun Rights
02/06/14 8:58 am

What about a budget with a surplus equal to the annual interest costs?

steelcity Pittsburgh
02/06/14 9:01 am

I am ok with a surplus to pay down debt, but at our current status, id be satisfied with balanced.

Could you imagine tho? 230B more for education funding?(the amount of interest on our current debt)

DerekWills Lone Star Gun Rights
02/06/14 9:08 am

Education? Hahahahaha! Let's throw money to a broken education system that is broken because the Department of Education exists..... How about we use that $230B to pay down our debts?

steelcity Pittsburgh
02/06/14 10:02 am

While I agree that throwing money at it won't fix it, if the starting salary for a teacher was 50k instead of 30k you would get higher quality teachers inspiring children.

Also, that 230B is the interest payment, can't go towards principle.

DerekWills Lone Star Gun Rights
02/06/14 10:10 am

No, that's not how it works. Teacher should he paid based off their performance, not an instant $50k.

And a $0 budget includes paying interest. A $230B surplus can pay down the principle.

steelcity Pittsburgh
02/06/14 10:40 am

$230B is what we currently pay on interest. Imagining that we had no debt, we would be able to apply those funds to other areas of need-such as education.

steelcity Pittsburgh
02/06/14 10:41 am

While I understand that pay should be performance based, often schools can't get high performing teachers because funding to pay the salary that those teachers command is unavailable. Therefore, by infusing those schools with the available funding,

steelcity Pittsburgh
02/06/14 10:42 am

They would be able to hire, high quality teachers who would stay and invest in the lives of the students and the communities where they live.

steelcity Pittsburgh
02/06/14 10:44 am

You wouldn't have streams of rookie teachers getting a couple years of experience in a poor district then jumping to a higher paying district because the poorer district would have more funding to keep quality teachers.

DerekWills Lone Star Gun Rights
02/06/14 12:00 pm

Actually you would have the exact same thing, you'd just be paying them more. If you pull the federal government out of education, it will be far more effective.

steelcity Pittsburgh
02/06/14 12:04 pm

I don't disagree with pulling the government out of education, but I also don't see it actually precipitating.

doctalk not all who wander r lost
02/06/14 8:33 am

Double the debt
Crash the system.
Give everything away.
Even our work ethic.
Give that away NOW!

doctalk not all who wander r lost
02/06/14 8:30 am

Only when the people see the system is Broken will they put away their toys and fix things.
Let's get this Frog Boiling phase completed.
Some peeps need to see a different style Prejudice, in order to understand the evil of complacency.