Quote:
Originally Posted by tnrtinr
Wages will lag - but they will catch up quickly because people will not be able to afford to go to work and seek higher paying jobs. Now you are making $16 and have the same $10,000 in debt. You have literally cut your debt ratio in half. With hyper-inflation you could make $10,000 a WEEK which further cuts your debt ratio.
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with 30% unemployment wages catching up is a dream..
and with the government spending 18 trillion dollars in the last 8 months or so..
that means the government spent the average american family 180K dollars deeper into debt..on top the the ten trillion we had earlier. so we are looking at the average american family owes..to the government for their portion of the debt 280K dollars each.
i dont think the americans idiot spending can even match that of the governments.
80K is just a drop in the bucket. obama doubles that debt for you..and you didnt get anything out of it in just a few short months..wasnt that nice of him and the liberals?