Adhesives Magazine

ASI E-News Poll Results 7/19/11

July 21, 2011

Do you think the U.S. national debt is hurting the economy?



Do you think the U.S. national debt is hurting the economy?

Yes: 80%

No: 20%

 

Comments:

“No different than business or household debt. Except that households and business cannot print money.”

 

“The U.S. government and the lack of 'common sense' action on the part of our president and Congress is on the verge of causing a monumental crisis. The out-of-control US debt is shameful and severely weakens the position and status of the U.S. in the global economy. “

 

“This is a huge problem hanging over our heads. The numbers are staggering. Imagine if your own household was in this kind of trouble. It's a painful process to recovery and the Chinese are holding a lot of our debt, which means that they hold a lot of economic power.”

 

“The world lives off of credit.”

 

“The interest keeps eating away money that could be used elsewhere. Like a home loan, it should be paid off and paid off as quickly as possible. No more new debt.”