Do you know how much the national debt is for your country?

National Debt, Any support for this?

• Our current national debt is approximately 12 trillion dollars. This is about 1/5 of our entire economy. This can only be seen as a made up debt to place guilt throughout America for seeking finances. I believe it has become apparent that the American Government is comprised of nothing more than common people that which have no better insight then most Americans and often less. These positions are being held by a group of people that often advocate the idea of "getting the job." Government positions are not the types of positions where you get the job. It becoming nothing more than people who spruce up their resume and say," I didn't have the know-how but I will add some doilies and some glitter that should help. These people are the type who is driving the prerogative to have the dumbest and most empty people in government, say we didn't see much of anything but we did notice the textured paper. Now I believe things should look as good as they are and most do. Moving on, The nation debt has been written off as "bad-debt" and unless America states that this debt was the payment towards high entity of knowledge above us all we are to assume that this debt is in the form of productive goods and assets to another country or America should place statues of polytheistic gods throughout its nation and practice religious ceremony to them, nothing I'm against at this point the segmentation and strength might do you all well. Finally, how can we be in a global economic crisis if we owe other nations a debt obviously there in a descent situation, this would negate the word global and if America owes them productive goods shouldn't everyone easily be employed? Unless, it was for the gain of knowledge in which case we be amongst a sort of game and still owe other nations goods, though these might seem a bit optional but if we are messing with higher entities wouldn't you be scare not to pay them? Unless, you know what their comprised of, or seemingly so, maybe these are the kind of entities destroying our economy and rotting it from within. As some ignorant man smiles as if they got over on someone. This is all seemingly part of a game and a possible power holding within it, I suppose who ever these fellows are when the country is in ruble they will be waging war on the sky. Your thoughts on this?

• Answer:

  Raise taxes to pay down the National Debt. It won't hurt the economy. In the 1940s and 50s, tax rates were as high as 91%. But the economy still prospered.