[America]

http://news.bbc.co.u...ess/8148875.stm

Quite the piece of sobering news, discuss what must be done to get us in the green again.

[edikroma]

Hold the world hostage for $1 trillion?

[SilverHawk]

Stop wasting money in Social Security and Medi-Care?

[Lackistan]

Well, gotta fix the economy first.

[Foggers]

Sell off some real-estate.

[Shardoon]

Chinese takeover.

[Eagare the Alenthin]

Two word solution!

[V The King]

Print more money!@!@!!! $_$

[Lord GVChamp]

Tax more and spend less. By 2012, this nation is probably going to have a deficit at 100% of GDP, the highest we've had since WWII, and that's without factoring health care reform into the equation. And that's BEFORE the really nasty stuff hits public financing. California is already paying people in IOUs that are almost completely worthless, Illinois isn't far behind, and a number of other states aren't far away from having credit ratings downgraded as well.


EDIT: Oh, and that's leaving aside the fact that this recession can get a LOT worse

EDIT EDIT: And don't think that "healthcare reform" will actually save money. Healthcare costs are accelerating EVERYWHERE:



The game's over unless we start accepting cuts in living standards and government give-aways


EDIT EDIT EDIT: That was the per capita figures. Here's how it looks as a percentage of GDP:

This post has been edited by Lord GVChamp: 13 July 2009 - 04:56 PM

[Detlev]

Slash social programs and eliminate bureaucracy in DC. To do this the dems need to be booted in 2010, and obama in 2012.

[Ecthelion]

Could always stop throwing so much money into the military, but that's a bit crazy now isn't it...

Could sell Canada Alaska, we wouldn't mind...just take Palin with you.

[Lord GVChamp]

Ecthelion, on Jul 13 2009, 06:02 PM, said:

Could always stop throwing so much money into the military, but that's a bit crazy now isn't it...

Could sell Canada Alaska, we wouldn't mind...just take Palin with you.

Yes, that is crazy. Cutting military spending going into a period of global instability isn't just stupid, it's recklessly irresponsible.


Besides, cutting the military budget won't help you. US defense spending is, let's say, $820 billion, factoring in Iraq. Cut the ENTIRE military budget, you still have hundreds of billions of dollars in debt. Plus, it's not the military budget that's projected to expand as a percentage of GDP, it's the health budget.

[El Pilchinator]

it was only a matter of time. woo hoo

[Shinpah]

I'd say totally eliminate the army and just keep a National Guard

[America]

Shinpah, on Jul 13 2009, 11:33 PM, said:

I'd say totally eliminate the army and just keep a National Guard

I'd also like to motion to create a welcome mat in Chinese on the west coast.

[President Nevik]

America, on Jul 13 2009, 07:47 PM, said:

I'd also like to motion to create a welcome mat in Chinese on the west coast.

I was unaware that the People's Liberation Army had the ability to walk on water.

[Shinpah]

America, on Jul 13 2009, 07:47 PM, said:

I'd also like to motion to create a welcome mat in Chinese on the west coast.

The ability to project a huge amount of force (such as the army is able to do) over land is becoming less and less crucial to warfare I'd say.
Marines, Airforce, and Navy work just as fine...

[El Pilchinator]

Shinpah, on Jul 13 2009, 07:33 PM, said:

I'd say totally eliminate the army and just keep a National Guard

how do i put this gently.

no way in hell.

[Renolds]

sell Alaska, you wont have to be bothered about palin anymore.

[Shinpah]

El Pilchinator, on Jul 13 2009, 08:12 PM, said:

how do i put this gently.

no way in hell.

Why?

Also, not gentle enough