View Single Post
Old 04-19-2011, 07:05 AM  
Paul Markham
Too old to care
 
Paul Markham's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by 12clicks View Post
what would happen if the 45% of americans who paid nothing each paid $1000?
They wouldn't be buying memberships on your sites or food at the local supermarket.

What about the top 1% not sending or spending so much of their money outside the US?

The US has spent more than it eared for decades, Clinton dragged it up and then Bush dragged it down. Or the powers in office at the time.

Now the lenders are getting worried the US can service the interest on the debt. Paying it back is not the concern now.
Paul Markham is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote