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Old 12-23-2011, 07:11 PM   #1
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Something to cheer us up, debt in detail

These red numbers gave me a headache watching them. US debt in great detail.

http://www.usdebtclock.org/
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Old 12-24-2011, 10:14 AM   #2
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We in Canada faced a similar debt crisis in the early 1990's. Our government of the day made the necessary changes to correct the situation. This included spending cuts and a national sales tax. It was very unpopular to say the least, but it saved our bacon. We Canadians are confident your situation will be reversed. It does require the political will to make it happen. It can be done. We know you can do it.
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Old 12-24-2011, 10:27 AM   #3
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Quote:
Originally Posted by David472 View Post
We in Canada faced a similar debt crisis in the early 1990's. Our government of the day made the necessary changes to correct the situation. This included spending cuts and a national sales tax. It was very unpopular to say the least, but it saved our bacon. We Canadians are confident your situation will be reversed. It does require the political will to make it happen. It can be done. We know you can do it.
Political will to get things done seems to be almost nonexistent here. You just may have to bail us out!
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Old 12-24-2011, 10:30 AM   #4
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Quote:
but it saved our bacon
And therefore we can still enjoy Canadian Bacon!

All you can do is laugh right now since it is so ridiculous!
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Old 12-24-2011, 10:36 AM   #5
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Quote:
Originally Posted by tafische View Post
snip.....All you can do is laugh right now since it is so ridiculous!
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Old 12-24-2011, 10:48 AM   #6
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All you can do is laugh right now since it is so ridiculous!
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Or Cry!
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Old 12-24-2011, 11:20 AM   #7
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Old saying.. " If you owe the bank $10,000.00 and cannot pay YOU have a problem... IF you owe the bank $10,000,000.00 and cannot pay the bank has a problem... " in this case the bank is China...
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Old 12-24-2011, 11:33 PM   #8
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Seann, that is a good analogy.
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Old 12-25-2011, 11:13 AM   #9
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Thanks Clutch

Did you notice on there that only 1/3 of the people pay taxes...

Time to tell ALL governments to STOP living beyond our means.
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