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  1. #1
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    You're gonna hav opposition for everything. Looking at the small picture raising the debt limit sounds dumb. Looking deeper into the issue it makes sense. Why spend our money when we can spend everyone elses. That just allows is to keep our national "savings account" so to speak full and continue to let that grow. The other countries know that we are good for it and as long as we owe them they'll never be broke. China and japan don't have the stronghold like people think.

    This is the same reason why we don't drill our own oil. Say that one day the oil does run out, which eventually it will. The world would break out into crisis with wars for the last remaining oil if no other major energy source has been developed and effective. Thing is you can't run a military without oil. So by the US refusing to drill and keep it's oil in the ground we would have a major military advantage and remain a super power that is virtually untouchable.

  2. #2
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    Quote Originally Posted by stack_it View Post
    You're gonna hav opposition for everything. Looking at the small picture raising the debt limit sounds dumb. Looking deeper into the issue it makes sense. Why spend our money when we can spend everyone elses. That just allows is to keep our national "savings account" so to speak full and continue to let that grow.
    Clarify your point of view for me stack. I am a little confused about what you're saying.

  3. #3
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    Quote Originally Posted by Twist View Post
    Clarify your point of view for me stack. I am a little confused about what you're saying.
    Basically what I mean is as long as we can spend everyone esle's money then why tap into our reserve and start depleting it? By owing these other countries money it helps keep peace and reduces conflict. Who would attack a country that owes them millions/billions of dollars? That would gaurantee they weren't paid back. At the same time if they are attacked by someone they can expect a country that owes them that much money to have their back if needed. I'm for raising the national debt as long as they have a plan in place to spend it on things that are needed. No reason to get it and spend it on a bunch of dumb shit just because we can.

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