Monday, July 18, 2011

'Ending wars best resolution to US debt'

PressTV - 'Ending wars best resolution to US debt'

With an August 2nd deadline for raising the debt limit nearing, a new survey shows most people believe the best way to resolve the US debt crisis is 'to end wars in Afghanistan, Iraq and Libya.'


About 80.5 percent of the respondents to a Press TV poll believe “ending war in Afghanistan, Iraq and Libya and reducing military spending” is the best way for the US to reduce its 14-trillion-dollar debt.

A total of eight percent said the best resolution was for the US to default on its debt, and 2.9 percent of the respondents believe Washington could get loans from foreign banks or governments to bailout its economy.

The US officially hit its 14.3-trillion-dollar debt ceiling on May 16, up from 10.6-trillion-dollar when Barack Obama took office in 2009.

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