vlad321 said: I have always wondered how the US can label itself as the best economical country in the world with a debt at what? 12 trillion? Anyhow, I'm sure any other nation will be able to achieve the same amount if they were just given 12 trillion dollars. |
To be fair, much of our economic growth which earned us the 'best economical country in the world' was prior to the horrible policies that are taking place in congress. Our insane spending only began in the 80's. We were a powerhouse well before then.
But you are correct in saying that having the kind of debt we do could let many countries achieve great gains. That is why many of us are aggrivated by the social policies they are trying to make: We don't have the cash to pay for them.
Back from the dead, I'm afraid.