10-19-2013, 12:11 PM
Interesting discussion! Here's the issues as I see them do we want to force people to take insurance? Is this an American idea? I have insurance and wouldn't be without it and I don't need to be forced to do it. I also wear a seatbelt and I'm not forced to do so although the law states that I must. As for the debt ceiling its another issue can we continue to borrow to pay our debts as a nation? For a while. Can we as individuals continue to borrow to pay off our school loans and credit cards instead of using our income to pay off our debts "Yes we can!" but for how long before our credit score diminishes? Is it wise to do so? As an Irishman who's experienced European style austerity as is the prescription of certain individuals, it is not pretty but what is the end result. Ireland will regain its natural sovereignty next year from the IMF they haven't defaulted on their loans they made the people pay more taxes to produce more income and borrowed from the IMF. As Americans we can't do that because we'd tumble the world into a recession which may take us to the dark ages so the idea of defaulting is self destructing and even those who espouse it publicly understand this. I believe we should cut back our borrowing and pay off our debts but can we as a nation afford to do so? Who'd like to vote to pay more taxes to pay off the debt I know I'm trying to find ways to pay little or no taxes. What is the real solution?
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