What would happen if America would to be completely debt-free?
Right now, America has a great national debt. And there’s too much borrowing money and spending as a result.
But suppose America is out of debt and has a surplus in money. What do you think will happen?
Let me be the NAYSAYER…..
We would have hundreds of additional government programs, more government reaching into your life, and we would be back in debt paying for these new programs. It’s a never ending cycle.
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March 12, 2010
1:24 pm
We’d have about 500 billion extra a year to spend on programs that benefit our country.. instead of on interest and loan payments.
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March 12, 2010
1:34 pm
The United States of America would be very strong and stable financially.
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March 12, 2010
2:12 pm
How do you live your life? Paying Bank of America more interest than you do for products or pay for only those products based on cash in your hand?
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March 12, 2010
2:26 pm
WE WOULD BE IN A LOT BETTER SHAPE THAN WE ARE NOW
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March 12, 2010
2:53 pm
A Miracle!
We would all prosper and not be indebted to any one.
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March 12, 2010
3:30 pm
Let me be the NAYSAYER…..
We would have hundreds of additional government programs, more government reaching into your life, and we would be back in debt paying for these new programs. It’s a never ending cycle.
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March 12, 2010
3:41 pm
Not only would they have a stronger financial status within the States but they would be in a position to clear off outstanding debts from other nations in the world.
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