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Originally Posted by !@#$%!
the national debt is out of hand though
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that is myth perpetuated by Republicans. the debt is more imaginary than impacting. no one is going to demand the bonds and debt be paid, the "creditors" make $ on the interest and the government benefits from the access to cash
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but also having fled here from south america i know what unpayable debts look like
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world of difference between American debt and other nation's debt.
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right now all we do is kick the can down the road--- thats also ruinous
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that is because we and everyone in the world knows its a wink wink kind of debt. it doesn't really exist. no one is going to actually try and collect 15 trillion dollars.