FYI National Debt

[tre]

You know. Americans should buy more Americans made products.

Oil, iPads, iPhones, etc are hurting the economy here.

but then the products would cost more. it's easy to make cheap products using other countries slave labour.

 

[JAXvillain]

I would axe military spending and force the U.S. to chill out for a while and lie low. Then I'd cut Social Security spending and inter its dependents in labor camps.

put old folks into labor camps?

 

[OzSTEEZ]

First Americans should make more American made products.

True. All American car manufacturers should make 100% of their cars in the US.

 

[OzSTEEZ]

but then the products would cost more. it's easy to make cheap products using other countries slave labour.

True it would. But ultimately the interest on the loans used to pay for the products America buys will add up and cost Americans more than producing it here at home.

 

[dbzeag]

True. All American car manufacturers should make 100% of their cars in the US.

Toyota already does that, with the Tundra

 

[b_sinning]

Social Security is screwed because of the baby boomers.

 

[tre]

True it would. But ultimately the interest on the loans used to pay for the products America buys will add up and cost Americans more than producing it here at home.

Well first of all, people need to stop paying interest on everything but houses or cars.

 

[tre]

dammit, double post

 

[Sarcasmo]

Stop by Home Depot and check out the tools, from hammers to sanders. How many are made in China? Almost all of them.

Everything in Wal-Mart is made in China.

I'd gladly spend more on American made goods, if they were constructed of actual sturdy components. Metal, for example. Whatever happened to metal?

 

[OzSTEEZ]

Toyota already does that, with the Tundra

Yeah, foreign car manufacturers are making them here, and American ones are making them abroad? Go figure.

 

[OzSTEEZ]

Social Security is screwed because of the baby boomers.

Yep. They predict it to quadruple when the boomers retire.

 

[dbzeag]

Social Security is screwed because of the baby boomers.

Yup.

I never understood why they never raised the collection age when lifespans were getting longer and longer. when it started, very few would actually live long enough to start collecting. Now people are not only living but working up to and past that age.

 

[OzSTEEZ]

Well first of all, people need to stop paying interest on everything but houses or cars.

Yeah, Americans need to start saving. A rainy day is coming.

 

[Sarcasmo]

"Nationality" of various cars.

http://www.usatoday.com/money/autos/2007-03-21-car-content-chart_N.htm

 

[b_sinning]

The rate things are going our retirement age is going to be 70+.

 

[OzSTEEZ]

"Nationality" of various cars.

http://www.usatoday.com/money/autos/2007-03-21-car-content-chart_N.htm

General Motors Pontiac GTO
2006

20%
Austrailia

Austrailia?

 

[dbzeag]

The rate things are going our retirement age is going to be 70+.

It already is. I can't collect my pension until I am 69.5. I am sure that will get higher in 35 years before I would hit it.

 

[OzSTEEZ]

The rate things are going our retirement age is going to be 70+.

If that were the case, I'd want to make sure the country had health insurance everyone could afford.

 

[dbzeag]

If that were the case, I'd want to make sure the country had health insurance everyone could afford.

But that's why they are working until 70+, so they can afford health care now. Just have to keep it up for longer, that's all, those lazy bitches. My grandfather worked until he was 88.

 

[Sarcasmo]

It already is. I can't collect my pension until I am 69.5. I am sure that will get higher in 35 years before I would hit it.

You get a pension?