You are viewing a single comment's thread from:

RE: U.S. DEBT CEILING: Wednesday 15th March 2017. A date for your diary..!!

in #debt7 years ago

One hopes that Trump takes decisive measures against any raising of the debt level, and we start paying the price of moving towards financial responsibility.

The short term costs are going to be pretty high, but with some courage, can be pushed over on the leeches that caused the problem in the first place.

Sort:  

Problems go back really as far as the mid 1970's, probably even further. The Debt Crisis of 2008 was a wake-up call but in reality NOTHING was really done. The next time, and there will be a next time, it will be a lot worse than 2008, a LOT, LOT, LOT worse..!! Thanks for your continued support. Stephen

probably even further.

  • establishment of "entitlement" social services
  • FDR's vast expansion of the burrocracy

But those are the problems we pay for now.

Def. interesting times ahead.

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.028
BTC 57050.09
ETH 3060.34
USDT 1.00
SBD 2.32