Skip to comments.SHOULD THE PERMANENT NATIONAL DEBT LIMIT BE CAPPED AT 17.83 TRILLION DOLLARS ?
Posted on 10/08/2013 6:34:52 PM PDT by Graewoulf
The Treaty of Paris, signed on September 3, 1783, ended the American Revolutionary War between Great Britain on one side and the United States of America and its allies on the other.
17.83 Trillion dollars. What a great Patriotic number to make the limit of our Total National Debt that we will agree to pay back, with interest.
When we know, with certainty, our limit of Total Debt, we can then chose either the 10 or 15 % Reduction in TOTAL Federal spending on a year to year basis to get our National Debt back to the pre-TARP National Debt Level.
America will then returned to the Civilized World !
What say all of you?
If we’re going to start paying down US debt, let’s bring back American manufacturing first.
I’m completely serious.
If we’re going to make it 17 trillion, we may as well make it 25 trillion or 100 trillion.
Calvin Coolidge speech on cost of government and cost to the citizens. Note the expenses of government he calls a “Stupendous sum” of 7.5 billion.
Great point. Our side should demanding that debt be reduced not increased.
Cap it at 17 trillion and fix the annual deficit at the 2008 level.
Debt is bad
Id rather nuke the bunch of em, but thats not an option.
All we can do... is to Negotiate such common sense... in forthright manner
We cant be responsible for the attitudes and behaviors of those who would remove a LIMIT altogether.
And if we divided the debt among the 300 million people, how MUCH would each citizen be obliged to pay. THEN factor in that 47% of them aren´t paying anything...so now how much is the other portion indebted for per capita... My calculador doesn´t work with that many zeros.
Uh, - - - it is ALREADY at 17 Trillion, if the added expense of BARRYCADES are included.
The extra 830 Billion would barely be enough to slow down the inertia of Spendaholic Barry Soetoro, a Legal Citizen of the sovereign Nation of Indonesia.
My answer is good idea.
But stop for an instant to marvel what that would sound like to The Framers:
“We cap it at 18 TRILLION..! No more..!”
They would never have believed it would get to even 1/10th of that.
It’s stil a great idea, but we have been full-blown meth addict for...40 years, I figger.
But yes, let’s do draw the line.
What is your thinking there?
I'm in total agreement we need to bring back American manufacturing ASAP. And it probably makes sense to bring American manufacturing back before we cut government a whole lot, simply because employment is so high, and further unemployment is going to seriously hurt our economy.
But if we could start paying down the debt, why wouldn't we?
About 112,000 each. Just do it in millions of dollars and your calculator should handle it. If they do that, they can send my 112,000 bill to my new address in Australia. Where my share of the debt will be around 20,000 using your ratios.
If WE do not demand that a PERMANENT Cap be placed on our National Debt as part of the negotiation on the ABOLISHMENT of Obamacare, then it NEVER would occur to our Esteemed Congressional RINOs !
Better numbers: $1.783 million or just $1783.00
The debt ceiling is settled law, just like abortion and Obamacare is settled law.
I want to bring back American industry.
We have sent (far) too much American industry elsewhere, mostly to China.
It is time to pay Americans once again, and to bring back American jobs.
Now. You can meanwhile figure out how we can reduce debt, and I will support you 100%.
I however want to bring back US jobs.
Here are a few “settled” facts:
* Since Obamacare was re-written by the SCOTUS, it is not the same bill that both Houses of Congress voted on, or Obama signed into Law.
* Therefore, until the changes have acheived The Advice and Consent of Congress, the revised law is invalid, by standards set forth in the US Constitution and the rules of both Houses of Congress.
* In effect, Traitor John Roberts voided the same Law that he tried to save.
I however want to bring back US jobs.
Who do you plan on having work at these jobs? Illegals or untrained liberals or us old farts who actually have skills and discipline??
so if it´s a 5 member household it would be more than a half million dollars debt. Boy, the next generation is screwed.
Yes. Cap the debt where it is. FOREVER.