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How To Get More Money On Goal United?

How did we in the United States get such a high debt; how do we get out?Why do we perpetuate an attitude of spending money we don't have?

  • Answer:

    Because everyone feels entitled and deserving of a house in the suburbs, two cars, three kids, a trip to cuba each year, cell phones all around, pay TV, A/C, etc. If an american doesn't have those things, they feel they are getting screwed over, and they'll vote for anyone who 'agrees' with them. The country has never stopped spending despite going bankrupt in the 70's (when too much was spent to remain on the gold standard) because the deficit spending is a way to let people consume more without working more. The people are convinced that they deserve this, and to put an end to it would have been political suicide. It goes back to individual attitudes where people are willing to go into debt because they "need" things which are generally just image boosters. No one needs a giant 500k house with the stainless steel appliances and 50" LCD tv. No one needs an 80k SUV to drive the kids to soccer. At one time, no one needed indoor plumbing, and that time wasn't so long ago. Luxury items become necessities all the time and the cost of living stays high.

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We still owe for the revolutionary war. I doubt we'll ever get out.

Funkycherry

I tried to stop the wars, did you?

Possum

Private International Companies managing National Currencies and investing in worthless everything and telling everyone it was worth something and then they bailed them out when they lost it all and you agreed to it and forced others to join in it whether they wanted to or not... ~Nemo~

Nemo_S

The US? The world is in debt. If it isn't completely backed its based on debt. Statistically there isn't enough diamonds, platinum, gold, and silver in the world.

mikedsign

By electing the worst possible choices into office.

Wiseacre

How did you get into debt? Spending more than you earn. Why do you keep this attitude? People elect politicians who promise lower taxes (R) or higher spending (D). In practice, Reps never cut spending enough to match their tax cuts, and Dems never increase spending enough to match their benefits increases. They are elected on dodgy optimistic promises of what they could do to balance the budget, and then don't deliver on them.

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