What is National Debt?

NATIONAL DEBT:what dont the republicans get?

  • The national debt isn't a deficit, because there can NEVER be a surplus, the debt is meant to rise, it is written in the constitution that the raising of the debt ceiling is without question. Find me your DEBT FREE nation, cmon, any country that has EVER Existed!? Oh wait yeah right I remember now, the debt ceiling is meant to go up, and up, and up. Just like Regan did! So why will Republicans and Romney try to make this an issue!!!!?? The ONLY thing that maters is tthe FEDERAL deficit. Not raising the ceiling would be the absolute worse way for our national economy to completely fail, because ITS SO SIMPLE!

  • Answer:

    Yeah, that's why European nations are currently failing. Because they just let their debt, "go up, and up, and up."

Chris M at Yahoo! Answers Visit the source

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The national debt is far more than could ever be paid back. What don't you get??

I'd show you how wrong your little tirade is, but you don't have the economic intelligence to understand it....

What is it about the EU DEBT crisis that you don't get (everything)?

I guess you are unable to discern the difference between manageable and unmanageable debt. Give that some thought and see if you can come to an alternative perspective.

Too bad Obama PO'ed the GOP, when he depends on them for every penny of spending and borrowing. He's really totally at their mercy. Too bad he chose to alienate them and make them resent him. You'd think he'd be smarter than that.

China has no debt. People with debt usually never become rich. We believe the same applies to our federal government,

Of all the times the debt ceiling was raised Obama is the only Pres that had and will have trouble,because the Reps want to destroy him and don't care if they destroy the Country while doing it

I can tell you that Republicans don't get anything.. They try to cost people more money, and make people pay more.. How could they help the country manage theirs. Let's just put our faith in Obama.. he has a head on his shoulders. Conservative political leaders could learn a thing or two.. if they take their heads out of their asses. EDIT: Like you have any room to sit there and call Obama out, about alienating anyone- conservatives work on alienation, and corruption.

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