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View Poll Results: In the vote to raise the debt limit of the United States, I would | |||
Vote Yes - raise the debt limit |
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12 | 37.50% |
Vote No - the debt is too high already |
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15 | 46.88% |
Vote Present - hey, this vote is too hard |
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5 | 15.63% |
Voters: 32. You may not vote on this poll |
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#1
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![]() Why? If they can borrow and spend $862 billion as part of a "stimulus", why can't we cut an amount less than that?
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#2
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![]() How About Stop Spending Period??????
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#3
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![]() Quote:
we need to slash everything by 25% across the board. Starting with military.
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#4
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![]() Still would vote no, and will call congressman and senators to try to persuade them.
Spend more? The answer is "NO!" Enough. |
#5
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![]() I wish you could understand the basic concept that the debt ceiling being raised has nothing at all to do with increasing our spending.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
#6
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![]() Well it SHOULD, should it not? Why are we spending more than we take in, ever, let alone for many, many years?
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#7
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![]() Quote:
http://en.wikipedia.org/wiki/Debt_ceiling#Debt_ceiling Look: if you are paying compounding interest rates of X on your car, house and credit cards, saying you no longer can afford to pay X, you want to pay X - 3, doesn't make those interest rates drop or go away. You can say you refuse to pay that accumulating, compounding interest any more, but saying that doesn't make it go away, and defaulting on it is a financial disaster. There is also the component of the debt ceiling that goes to our cash flow.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
#8
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![]() Quote:
The congress is doing neither. They are not cutting spending, and they always hit a deficit level of spending almost every year. If you live above your means today, you will have to live below your means in the future to make up for it. That's just math. So, let's bite bullet and slash the spending with a chainsaw, and pay down the debt. That means no debt ceiling raises. In fact, once we start paying down the debt I want a debt ceiling contraction. |