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rubymouse
· 11 years ago
· FIRST
Does this take into account the changing value of money and the increasing cost of goods? It'd also be better if compared to other countries debts at the moment. After all everyone's in pretty deep atm.
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guest
· 11 years ago
The value of money only changes because there is more of it in total over time, so your dollar is worth relatively less than another dollar, but the value of the money as a whole doesn't change, just the total amount, so what you are asking is irrelevant when talking about total "money" in existence. Also since America has the world's largest economy, it is safe to assume that no other country will ever have as much debt as america (probably). The increasing rate of debt accumulation since Obama came to power has to do with Quantitative easing which is basically printing more money in order to maintain the movement of money through the economy. It's like filling the bath to wash your face and then leaving the tap on after you have finished. Obama has a lot to answer for.
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shadowstorm197
· 11 years ago
I have never appreciated a guest so much... You, my friend, deserve the Nobel piece prize
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annoyinglynegative
· 11 years ago
he's right! and notice how the increased debt really balloons up with bush #2 AND Obama.
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pebbleinthepond
· 11 years ago
And I thought democrats were supposed to be good for the economy
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shadowstorm197
· 11 years ago
Nobody is good for the economy
lime894
· 11 years ago
Why don't we have NO money. Like everything is free except for guns unless police are getting them. That way nobody has to pay or get paid because there would be no more US Currency
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shadowstorm197
· 11 years ago
You obviously do not know anything lime... I'm sorry but.... If you got rid of money, people who produce the products wouldn't make them. And if there was no money how would you buy the guns? Guns are good, for the economy, for protection, and many other things
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mgoveia
· 11 years ago
Dude, be nice. He's the smartest in his class, for crying out loud!
lime894
· 11 years ago
None of us here should be good with politics. If you are that good in politics then you are WAY too smart and you spend a max of 37% of your time partying. That's not good. You are wasting your years--instead of your brain being cascaded in fun, girlfriends and the newest game named after the first game but has now started to drift far from the real title, it's swimming in an ocean of SOCIAL STUDIES and MATH and ENGLISH. That was basically sleepy-me talking, but you guys, Jesus.
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Edited 11 years ago
pebbleinthepond
· 11 years ago
And look clinton managed to decrease the debt a little bit.
shadowstorm197
· 11 years ago
Probably like $.05
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pebbleinthepond
· 11 years ago
Based on the scale of the graph it was probably more around a couple million
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Edited 11 years ago
shadowstorm197
· 11 years ago
I know, but since the gov spends 585 million every day, it's equivalent to a nickel
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Edited 11 years ago
pebbleinthepond
· 11 years ago
Oh okay, I see what you mean now.
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funsunstanceplus1
· 11 years ago
Hurts just looking at this
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ezioauditore
· 11 years ago
Bush #2 made it fucking plummet
shadowstorm197
· 11 years ago
Everybody cept Reagan did
pebbleinthepond
· 11 years ago
Reagan was the start. He started the trend of increasing the debt ceiling
shadowstorm197
· 11 years ago
There is reasons though, if you look at it in a whole, Reagan was out best president of the 1900/2000
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pebbleinthepond
· 11 years ago
I'm not denying that I'm just saying he started the trend.
sdracup
· 11 years ago
Aw yes. Let's discuss the economy and politics on FUNsubstance.
lime894
· 11 years ago
Yep. We are all demos and repubs arguing over tax rates and borrowing limits.
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annoyinglynegative
· 11 years ago
Don't forget religion.
lime894
· 11 years ago
And racial equality.
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