Credit Debt Cures

Cures to help solve our nations debt?

What does obama need to do to get us out of this horrible debt?

Public Comments

1. spend spend spend spend.. thats his only idea
2. The answer is not more spending or tax cuts for the wealthy - experience shows that both are losers. Obama is on the right track; however, he may need to move faster, e.g. give up some of his social programs and increase taxes faster. We will never be healthy until the debt is near zero.
3. He needs to give more ear marks to the democratic, sorry Socialist, congress.
4. The problem is he can't because the debt and all unfunded liablites currently total more than the Worlds GDP. The best thing he could do is try to find a way to balance the budget and have a surplus to start paying it down while providing alternatives to social security and medicare. However since he is projecting a 1.75 trillion dollar deficit I don't see the debt doing anything but getting worse and while he plans to reduce that down to half, you are still looking at a yearly deficit in the $800 billion range.
5. 4 more years. 4more years. 4 more years.
6. Stop spending and lower taxes. What is so hard about that? It works the same way in your house. When you find you are spending too much money you cut back. You also find ways to make more money. More revenue brings in more money. Simple isn't it?
7. take the money divide it between each American and give it to them and that will get us out of debt and raise taxes a little on all of us to pay off the debt
8. The only way would be to oust every one of them from top to bottom, including Obama, and let the real Americans in this country take over. Not politicians or lawyers. None of them up in WDC give a damn about this country. They all are in it for their own gain. They let this crisis happen on purpose to gain more control of your life. Folks need to open their eyes and see what is happening out here. They are ruining this beautiful country and no one cares. Everyone just wants a hand out. NEWS FLASH you will not be receiving a nickel of it. The stimulus is for our so called leaders and their buddies. WAKE UP AMERICA!
9. not to follow the Keynesian theory of financial bail out. ok so companies need to be saved but its not rocket science like they would want you to believe, just use common Sense. if you you get debts mounting up you don't spend money you save it and although I realise that we are talking on nations you still can't go with stupid theory because you are never going to get everyone spending and spending how the are 'supposed' to because they can't afford it! you have to reduce national spending (while making sure key businesses don't go under) and unfortunately raise taxes, which I know people don't want to face up to but for f***k sake suck it up! its a lot better to pay now rather than later when you have decades of mounted debt plus interest. And in terms of Britain we need to retire membership of the EU and go back to what we actually signed up to; free trade. EU cost us £148.2 billion over the last ten years, enough to abolish income tax for a year or reduce national debt by 24% and that's just on not having to pay for the intrusive and restrictive bureaucratic legislation.
10. he could start with quite flying all around the country like he is still campaigning,,,,, how much does that cost the american taxpayer.