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US Economical situation

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Pepperland

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Originally posted by PinkFloyd
the rest of the world
how would that work?

b
Enigma

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Originally posted by giantsfan94707
What do you think the best course of action is?
If American's started living within there means, stopped over spending, and put more effort into saving a portion of there income this would help, I am guilty of ignoring this rule myself. Also a federal law requiring a balanced budget may also be a good idea. These 2 ideas would not turn things around overnight, but would improve the situation in the long run.😏

mbakunin
Radio Gnome

Planet Gong

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Originally posted by PinkFloyd
the rest of the world
yes, try that. isolate yourself from china, who owns most of your country. and from japan. and germany. and south korea. what are you, stupid?

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weedhopper

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Originally posted by mbakunin
yes, try that. isolate yourself from china, who owns most of your country. and from japan. and germany. and south korea. what are you, stupid?
Your name-calling indicates a lack of home-training. Your mother did a p1ss poor job of raising you,

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weedhopper

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Originally posted by generalissimo
how would that work?
I think I answered that in my original post--albeit metaphorically.

K

Germany

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Yes, Pink Floyd, I'm sure cutting the GDP in half would help a lot.

mbakunin
Radio Gnome

Planet Gong

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Originally posted by PinkFloyd
Your name-calling indicates a lack of home-training. Your mother did a p1ss poor job of raising you,
didn't call you any names, i was commenting on your lack of intelligence.

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weedhopper

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Originally posted by mbakunin
didn't call you any names, i was commenting on your lack of intelligence.
A poor way to dodge the fact that your action was still name-calling.

I don't speak with people of your ilk. We're done.

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weedhopper

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Originally posted by KazetNagorra
Yes, Pink Floyd, I'm sure cutting the GDP in half would help a lot.
That would be an excellent first step--I'm glad we concur.

g

Pepperland

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Originally posted by PinkFloyd
I think I answered that in my original post--albeit metaphorically.
isolating yourself from the rest of the world is probably the stupidest thing you could do.

mbakunin
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Originally posted by PinkFloyd
A poor way to dodge the fact that your action was still name-calling.

I don't speak with people of your ilk. We're done.
no names. i asked if you were lacking in intelligence. but "of your ilk"? and what was that in your first reply? hypocrite, that's what you are. and that's not calling you a name, but stating a fact.

i can, however, understand that you lash out when someone points out to you that your stated opinion is less than brilliant.

now were done.

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weedhopper

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Originally posted by mbakunin
no names. i asked if you were lacking in intelligence. but "of your ilk"? and what was that in your first reply? hypocrite, that's what you are. and that's not calling you a name, but stating a fact.

i can, however, understand that you lash out when someone points out to you that your stated opinion is less than brilliant.

now were done.
When you call someone stupid, that is name-calling. Dodge it all you want, but everyone with integrity knows it. Well, everyone outside of Norway knows it. And calling someone a hypocrite won't work either because everyone can clearly see who started this feces slingfest: the Northern EuroTrash.

Now we're done. If you have anything to say other than an apology,
...{lalalalalalalalaIdon'thearyoulalalalalalal}......😛

P

weedhopper

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Originally posted by generalissimo
isolating yourself from the rest of the world is probably the stupidest thing you could do.
That would be your opinion, but I warn you---you are percipitously close to an "insulting and/or degrading remark aimed at an individual."

Take the hint, and Back Off.

n

The Catbird's Seat

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Originally posted by bill718
If American's started living within there means, stopped over spending, and put more effort into saving a portion of there income this would help, I am guilty of ignoring this rule myself. Also a federal law requiring a balanced budget may also be a good idea. These 2 ideas would not turn things around overnight, but would improve the situation in the long run.😏
US National Debt is a staggering 10.6 Trillion, more than 3 times our annual budget.

Social Security at present just about breaks even, but has unfunded liabilities over the next 50 years that are projected to exceed total GNP.

Medicare is in even worse shape.

It is time for everyone to get real and start liking the life style we can afford instead of believing that someone else will give us a free lunch. This isn't just a US problem. There is an international financial crisis brought on by operating for almost a century almost exclusively on the basis of debt, paper money with little or no intrinsic value.

Waste, unnecessary, fraudulent, and ineffective government programs are bad enough, but it's the entitlements that will bust us completely.
Like madmen, with Medicare sinking as fast as the Titanic, we added prescription drugs to the program, tantamount to loading more passengers and deck chairs as she was already listing 25 degrees.

n

The Catbird's Seat

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Originally posted by generalissimo
isolating yourself from the rest of the world is probably the stupidest thing you could do.
What goes unsaid here is that there isn't a quick fix. Isolationism would indeed be painful, but it isn't teh stupidiest thing that could be done.

I'm pretty certain Congress will find something more stupid, like some massive "stimulus" bill, which will compound the problem. Or like baling out the financial sector which precipitated this entire collapse, following up by bailing out every other failed and mismanaged entity.

When you've suffered a severe injury, there is not usually a painless way to recover. Take something to numb the pain, and work harder, smarter and longer. This will pass, unless we try to pass it off as if it hasn't been caused by our own actions.

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