Abel M asked:


How do the frequent media reports about national debt, corporate earnings, and unemployment levels affect consumer confidence?

nimhelm asked:


I heard that national debt is around $9 trillion and that bugdet defecit is around in the billions. So what is what?

interdependent globalized world asked:


How does the debt system work, what happens when the other countries buy our debt, can they sell our debt to other countries, can they force us to pay our debts at any given time, please explain how the national debt system works?

Thanks, I need lots of details and really want to understand so thanks again for your help!

just me asked:


You see, McCain seems to think that the oil would pay off the Military debt. Well, It hasn’t even though we are paying more for gas?

So since you want low taxes should we BORROW OUR WAY OUT OF DEBT?
400 billion dollars for Freddie & Fannie Mae. But you don’t want to pay 3% more of your taxes to your OWN COUNTRY! Oh, and the lazy that you talk about 54% of the welfare role is white, 32% black, 18% herspanics.

10 minutes late asked:


At the end of Bush’s term, I remember hearing it would take just under twenty years for us (and our kids) to pay back the national debt.

From what I’ve read, Obama has just been spending spending spending. How do we reduce debt by spending more money, and at this rate, how long will it take to pay back?

Sun And Sky asked:

I’d hate to say it but if there isn’t a way to help with the debt then maybe we should consider an additional tax. ( and fire our current president) I think what we need to do is (with out sounding too corny) to focus on our own needs and make peace with other countries, we need not threaten other countries. We should work together, we are stuck in this area. We aren’t evolving. what we are doing is living in the past, focusing on the nations problems. and not to mention, we are greedy. (does trump sound familiar, i do believe its a close race to be the richest man in the us, between trump and the owner of microsoft.) I mean besided creating business for the US what are they doing to help with the debt. And you’ve seen that ‘?’ guy, mathew lesko, he says there are millions if not billions of dollars going to waste, where is it going and not to the current problem in the US. THE NATIONAL DEBT???