U.S public debt crisis
America has added $2.1 trillion in 3 months. This is a very predictable crisis the econoomy faces. The national debt keeps raising and no one is doing anything about it. Our law makers keep kicking the can down the road and how long can they keep doing this. Raising taxes is not the answer and neither is more spending with it. Suggestion lets lower spending first and see what happens. Then go back to the table after we get the spending down. Just like business, you look at the spending and expenses then work you way from there. You can say the government isnt a business, but in reaility it is. Our local governemts sold assets that generate money everyday, like parking meters. Since they sold them off, it costs a fortune to park in certain cities unstead of keeping them. They could have kept it at a lower price for the citizens and still make money. Now citites struggle to get its citizens to the city. Public debt swept under the rug and no one seems to care or at least the people that have control seem to not care. Estimate of Americas debt is $34.7 trillion. Which is crazy becuase there are alot of families struggling and yet not to many people have received any money to help them get above the hump.
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