What will McCain, Obama, and Clinton do about the $9 trillion in debt and the devaulation of the dollar?

Blame W.. and in this case they should.. that fool should have to repay the country out of his ill gotten oil gains.

add more to it

nothing!

not a gotdam thing….

If it were not for oil imports, a weakening dollar is a good thing. It makes it harder economically for businesses to justify moving jobs to other countries.

To control the debt? Well, the IRS has record levels of income (without tax hikes no less) All we have to do is control spending.

Make it 10 trillion and further devalue the dollar. People need to realize that none of these people are going to do what they say they will.

If Obama becomes President, the price of Oil will fall drastically.

i have no idea

*SIGH* You don’t know much about economics i bet. The president has nothing to do with economics. that has to do with OUR INDUSRIALIZED BUISENESS. The reason why the dollar is down is because of the recall we had with Our products being made in China. Since China doesnt make the millions of things for us anymore, the dollar is lower. It is a natural balance, not a government issue.

If you lower corporate taxes, corporations will bring their manufacturing back to the States. When the operation is here, soup to nuts, the dollar gets stronger. If we start taxing other countries like they tax us we will make the dollar stronger. We can’t do it until our companies bring some of their components here to domestic markets.

Considering the proposals of all three of the candidates to date, particularly the socialistic plans from Hillary and Obama, there is little hope for any significant improvement in the foreseeable future. In all likelihood, the situation will worsen.

I, too, favored the more sane approach of Ron Paul. I do hope he doesn’t try to run a s a third party candidate because that would surely leave us with one of the two totally unqualified democratic candidates running the country next year.

First, they have to stop the war – the US spends more than a billion dollars every 2 months on the war, The country was severely in debt before and now its heading for a worse turn.

Second, they have to raise tax. If they cut anything else out the economy would fall Alot. They dont have health care they dont have maternity leave they dont have… (its a long list) They cant cut any more programs b/c they dont have any programs to cut. Raise tax.

Third they Have to cut government spending

I dont know what else… right now The US is in deep trouble and all that is happening is it is being deferred onto the next generations.

I seriously doubt that any of these candidates know what the Federal Reserve even does or why it needs to be abolished.

I seriously doubt that Obama or Clinton will get us out of Iraq, as there will always be some excuse to leave our military there and both will continue to waste half of our budget on our military so they don’t appear “soft on terrorism” or some other vague concept.

idk kinda hard to get us out of the hole that ******* bush put us in i think it will be another presidency before we can dig ourselfs out hopefully

Nothing is likely to happen as far as national debt, no matter who becomes president….even Ron Paul
There are too many people with their hands in Uncle Sam’s pocket, to be able too.

Obama wants to increase industry and small business in America. Which in turn will up the amount of American made products. Products we now ship our money to China and other countries for.

When we outsource jobs ad trade with those companies, we’re giving our currency away. People just blame the war in Iraq for the deficit.

Fact is, yeah there are more jobs in America, but those are jobs like Wal Mart and restaurants. The amount of chain stores in America are rising. We’re turning into that consumer nation we’ve always wanted, problem is we’re stuck looking for a bargain, and that bargain comes from somewhere else.

Instead of industry being the major money maker, tourism now is. Hell, American made cars like Chevy get most of their parts from somewhere else now. So, that means they get some of the cash we pay for them.

I’ll say it again, we need to become a Independent nation, a nation who depends on who we’re supposed to depend on, and a nation the world can depend on.

no one said they want a long war! but i agree with you,there could have been a way around such expense,all of the issues must be on the for front! they seem all related!! to bad people wont wake up! ron paul!

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Your question is not about monetary policy, its about fiscal policy. Monetary policy is controlled by the federal reserve, fiscal policy is the national budget and deficit which leads to national debt. But anyways:

1. John McCain has a plan to keep increasing the national debt expotentially just as bush has done.
2. Obama’s plan would not create any immediate surplus – however his budget figures reduce the deficit. In reality, we couldn’t create a surplus within 4 years.

Niether candidate is going to focus too heavily on the national debt, because with the current revenues and expeditures we could not create any immediate surplus.

I would like to hear what Ron Paul would have to say about what he would do as president when the congress told him to take his budget and shove it. Does Ron Paul tell his supporters that Congress gets the real say, not the president. The most the president can do is stop a budget from being passed, he cant actually force the congress to adopt any of his budget plans. How would not having a budget reduce the national debt?

Essentially they will do literally nothing.
Hilary has her eyes on Exxons profits (and the profits of all businesses) with all of her communistic plans.
Obama really has nothing solid in place. He calls for change, but never says what he is going to change to.
McCain is a democrat in disguise, soft on everything and also has his eyes set on profit. Not necessarily the ambitious Exxon profits, but profits none the less.

Everyone really needs to stop and ask themselves WHY are these people spending millions and millions of dollars to land a job that pays $200,000?

Ron Paul would stand a decent chance, if he wouldn’t get so far out and looney at the critical moments.

Our government which used to be composed of the people is so far removed from the people now that the folks running for office are really disgusted and put off my everyday Americans.

I myself am hoping that someday Colin Powell will come back to the light and we will hand him a landslide. He can fix our country, he has values, he has military experience, and knows focus and purpose.
These days there are no real working men or women lined up to run for office, and I feel the weak knees of our system everyday as I hope there is a light somewhere that keeps us from collapse.
As tourist season approaches we are bracing for fuel prices well over $4 per gallon and up to $5. We all need to brace, and prepare to go to a bartering system with our communities that eludes our government and contains less actual monitary exchanges.
As a small business owner, I show little or no profit yearly. Not because I sell nothing, but because whenever a profit comes in, it is taxed about 4 times before I get my percentage. I would rather trade the carpenter down the street a fly rod and a couple dozen flies for some work on my house.
I believe this is the direction we are heading. It is not in the immediate best financial interest of Hilary, Obama, McCain, or any other candidate to do anything about costs of living, fuel prices or recession. It IS in their best interest to create total citizen reliance on the “government”.
This way they dictate where all your money goes (to their own personal interests), what you do with your time and energy.

For reasons such as this the government PAYS small farms to NOT raise crops, rely on the major governmental farm projects. They PAY inventors to NOT create fuel-less, corn, hydrogen or nuclear vehicles. Hilary will be the worst on this. With her greedy eyes on Exxons profits, she WILL NOT be interested in truly seeking energy alternatives.
Keep this in mind my friends, keep the letters and emails flowing to your reps, but teach yourselves and your kids how to raise vegetables, trade with your neighbors and sustain themselves.

Trust me, the folks in office use this system extensively. Lobbyists trade for officials to vote this or that all the time. Governors, congressmen, and presidents barter with one another EVERYDAY to keep themselves “above” the rabble (us)

I love america, and its people. I just don’t consider the majority of people in office very American, Like me, like the lobsterman down on the docks, like the welder down town, like the auto mechanic all trying to feed their kids and families, and live the American dream, which elected officials are putting a strangle hold onto to keep social segregation alive.

They will spend more and give our economy the coup de grace.

Tom B fiscal policy and monetary policy are intertwined. For what Ron Paul would do, see the video link above.

You are correct to back & vote for Ron Paul.

I guess these other posters don’t realize that as President Ron Paul could ‘VETO’ {which means vote against} every new spending bill that he is supposed to sign which would essentially eventually close down the federal government, and all of it’s spending, until compromises are reached.

Personally I would welcome this event.
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