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Sorry, should be 'I hear you.'I'm with you and I here you.
No, the congress has to pass a budget and if the budget is not passed payments stop. Generally the government doesn't work the same as a business or household when it comes to financing. The debt is borrowed against the trust of the dollar and future gdp. Hypotheticly the debt could go on forever. Fiscally it's better to bring the debt down because it strengthens the dollar.What causes it?. Too much spending, not enough income?.
No, the congress has to pass a budget and if the budget is not passed payments stop. Generally the government doesn't work the same as a business or household when it comes to financing. The debt is borrowed against the trust of the dollar and future gdp. Hypotheticly the debt could go on forever. Fiscally it's better to bring the debt down because it strengthens the dollar.
Hey King Dan of Great the 1st
Really? Can't you put more than 3 sentences in a post? Do you have to 'send' each thought that comes into your head as they come into your head? Just asking?
I see that!I like freedom of thought.
In the US there really isn't much "welfare" people earning under a specific line have access to food stamps, but its limited. Disability needs to be applied for and vetted. Outside of that you are on your own. Unless you are a child, then there are more programs.What would happen if everyone stopped working and went on welfare?.
Essentially the US has federal, state, and local tax systems that fund the government. Income taxes, capital gains, property, and sales taxes make up the bulk. This pays for infrastructure, the military, services, entitlements, and subsidies. The debt is against future tax collection and the dollar. So as long as there is money flowing through the ecconomy, generally the government can function.But you would need income to pay back government spending or for government to spend. How does debt get payed back?. I guess most of it would be through taxes.
What happens if a country slows down?. It would go backwards. You need population growth to keep an ecoomy growing right?.
I don't know too much about economics.
Food stamps along with housing assistance, medical assistance, cash, WIC, home heating fuel assistance, plus the network of food banks and meal delivery programs and probably others that I am not thinking of right now.In the US there really isn't much "welfare" people earning under a specific line have access to food stamps, but its limited.
Depends where you are rural or urban. Wic, home hearing, and cash also tend to be for either children or the retires. Average Joe get barely anything. My retired veteran grandfather would get his gas and electric turned off in a second until I paid 2 bills and a deposite. That was with assistance.Food stamps along with housing assistance, medical assistance, cash, WIC, home heating fuel assistance, plus the network of food banks and meal delivery programs and probably others that I am not thinking of right now.
VA is seperate .Depends where you are rural or urban. Wic, home hearing, and cash also tend to be for either children or the retires. Average Joe get barely anything. My retired veteran grandfather would get his gas and electric turned off in a second until I paid 2 bills and a deposite. That was with assistance.
It's a complicated answer. Politic8ans tend to be stable financially and earn connections while serving. It's also a situation of are they socialist or social democrat? One wants to abolish capitalism, the other just wants capitalism with regulations.Why is it socialist politicians always go on to become millionaires why the regular person is broke and miserable?.