@TheOther
What are you talking about bush bailed out the banks during the recession not obama... This literally happened the week of the market crash when bear Stearns and aig went broke. That was one of the last things Bush did as president.. Obama later signed a bogus stimulus package that wasted even more money on things like unsuccessful green energy programs like a123 battery and fisker. Once they realized it was fubar they sold it to the Chinese only to realize later hey wait we dumped too much money into a123 lets buy it back! Well the Chinese profited hundreds of millions just by holding onto aig for half year, year.
Also yes businesses that aren't competitive should be allowed to fail. Why reward a failing business with more money? Ford didn't take Obama's bogus TARP money and they have a far healthier balance sheet now than Government Motors who took the most money. And what about Obama's precious fisker motors? Bankrupt a long time due to being possibly the most unreliable car made in history. Car and driver couldn't even properly test the car because it suffered a catastrophic breakdown - a first in c and d history. Failures ought to be allowed to fail... There's no trophies for a failure although wait now there is thanks to our messed up society - participation trophies!
The problem is when you reward mediocrity and failure and always bail someone out there's no incentive for that person or company to strive for better. If I got paid the same amount for doing a crappy job and a good job and there's no risk at all of me getting fired why would I exert myself needlessly?
I don't get something though. You want to do away with coal, oil and say well those people will have to find jobs elsewhere because its not competitive, its an old system etc.. We don't need it... But rescuing the garbage that Dodge and GM churned out for years is fine so people don't lose their jobs? They made inferior cars to the japs koreans and Germans for years now they had to pay the price. Well ford at least got their sh1t together and makes good cars again. Remember the pt cruiser lol dealerships were basically giving those cars away. Perhaps those gm and dodge Chrysler guys should have lost their jobs too and worked for a company with cleaner more efficient cars like Honda or Toyota. But no coal is evil, union workers paid $35 an hour to press a button or two for 8 hours is not. I could train one of my grandpas homing pigeons to do their job for Pete sakes.
Also Medicaid Medicare and government healthcare like Obama care va etc is already included in that 19 billion dollars debt. There isn't additional debt for treatment a soldier would receive through va Medicaid obama care etc that isn't included in this figure. What isn't included is pension funds because if they were the debt would be closer to 50-70 trillion with some analysts estimates as high as 90-200 trillion.