Debt Reduction- Advice On Credit Card Debt Reduction, Debt Reduction Services, And Debt Reduction Plans

alfie asked:


This is a manageable level of debt. We could go much further in debt in fact, and probably should, to stimulate the economy. We don’t need debt reduction. The debt will go down as the economy improves. We need to stimulate the economy with more government spending. Reducing debt now is the wrong thing to do.

Melvin Nicoletti

The Blunt Ugly Truth asked:


President Obama is presiding over an unprecedented federal debt and deficit-reduction plan that is historic. Something that George W Bush failed to do in 8 years of his entire failed presidency.

Why is this?

Odell Lecocq

Person asked:


Yes it is

1)The U.S government has been in debt since its inception for a total of 191 years, i dont know any house that would be allowed to be in debt that long and to accumulate debt virtually nonstop since 1837.

2)With the exception of the Clinton surpluses, every significant reduction of the outstanding debt has been followed by a depression, and every depression has been preceded by significant debt reduction.

3)I dont know any household with the power to levy taxes, to give a name to — and issue — the currency we use, and to demand that those taxes are paid in the currency it issues.

4) I don’t know any household that is able to spend by crediting bank deposits and reserves, or by issuing currency.

Claire

Doc Holliday asked:


Obama can now veto another extension and we can begin a real deficit reduction program with the added money.

Alexia Errera

Progressives are Theives Returns asked:


It is amazing how liberals will lie. S&P specifically said spending CUTS. They wanted 4 trillion and clearly stated that in April..
They did not say deficit reduction. They said spending cuts.
http://www.bloomberg.com/news/2011-08-06/u-s-credit-rating-cut-by-s-p-for-first-time-on-deficit-reduction-accord.html

Dannie Pinski

Hale asked:


or will Joe be right:
“What troubles me about it is that the bipartisan compromise also represents a kind of bipartisan agreement by each party to yield to the other party’s most politically and ideologically sensitive priority,” said Joseph Lieberman, I-Conn. “In the case of Democrats, it’s to protect entitlement spending. … In the case of Republicans, it’s to not raise taxes.”

http://finance.yahoo.com/news/Obama-signs-debt-bill-after-apf-3778544506.html?x=0&sec=topStories&pos=3&asset=&ccode=

Felipe Morales

Smart Guy asked:


IN WRITING?

Will they actually allow legislators to read it before the vote?
Clinton deserves credit…for allowing politically courageous Republican leaders in the House cut spending and balance the budget.

Heidi Timmel

Hale asked:


Why don’t the leaders of both parties send their respective delegations to hash out the deal at the Reagan Library in Simi Valley, CA?

It seems to me that, in that poignant setting, they would be greatly inspired to do the job.

http://news.yahoo.com/reagan-looms-over-debt-debate-inspiring-both-sides-132912790.html

Christel Curlee

Daniel asked:


Keep in mind that it will cost more in growth than deficit reduction. This means that the amount of spending cuts will cost the economy more in less growth than the cuts themselves a net loss for the economy.

Juliet Busman

Hale asked:


Congress must stop playing tag it’s your fault and settle this thing.

Marcelo Dimuzio