What money problem? / myLot

Singapore

October 9, 2015 10:53am CST

For most of us, when we think about money problem, we tend to focus on our own money problems. Actually, all of us, including rich people, governments and businesses, have money problem. The governments in the world do not always deal with money problem successfully. They know about using tax to increase their income, but they are not always good at managing surplus. The pension funds have money problem in that they have to pay the pensioners, and they have to find good investments to fund the increasing payouts.

1 person likes this

2 responses

peggy baker

@softbabe44 (5815)

• Vancouver, Washington

9 Oct 15

we often wonder why we can only stretch that dollar why doesn't it go further mabe we can only spend so much and what we have available has to go for stretching it out to cover a bunch of bills not one or two our food and rent the lights and phone water if you pay them the gas to go in car to get there then what happens?

1 person likes this

Nelda Hoxie

@NeldaHoxie (1381)

• United States

9 Oct 15

I would like to be able to raise taxes or make money when I have to pay bills.

1 person likes this

scheng1

@scheng1 (24649)

• Singapore

10 Oct 15

I think the US government will raise tax to pay down the national debt. The national debt is so high that there really is no easy way to pay it off. I think the future workers will have to pay for the foolishness of the government. It is sad to think that instead of leaving wealth to the future generation, the US government is leaving tons of debt.