Posted by bad_luck on 3/12/2013 9:32:00 AM (view original):So your answer is, "it's a really high number." That doesn't make it unmanageable. The debt has been a really high number for over 30 years. The interest payments are less than 6% of the budget and we are in no danger of default.
Posted by tecwrg on 3/12/2013 9:38:00 AM (view original):Posted by bad_luck on 3/12/2013 9:32:00 AM (view original):So your answer is, "it's a really high number." That doesn't make it unmanageable. The debt has been a really high number for over 30 years. The interest payments are less than 6% of the budget and we are in no danger of default. What budget?
Posted by tecwrg on 3/1/2013 8:23:00 PM (view original):Posted by bad_luck on 3/1/2013 5:59:00 PM (view original):Posted by MikeT23 on 3/1/2013 5:30:00 PM (view original):Just that if the government was selling enough treasury bonds, there wouldn't be a deficit. Treasury notes aren't funding the deficit, By definition, nothing funds a deficit. This is so funny I had to post it again.Funny, because you don't understand it?
Posted by bad_luck on 3/1/2013 5:59:00 PM (view original):Posted by MikeT23 on 3/1/2013 5:30:00 PM (view original):Just that if the government was selling enough treasury bonds, there wouldn't be a deficit. Treasury notes aren't funding the deficit, By definition, nothing funds a deficit. This is so funny I had to post it again.
Posted by MikeT23 on 3/1/2013 5:30:00 PM (view original):Just that if the government was selling enough treasury bonds, there wouldn't be a deficit. Treasury notes aren't funding the deficit, By definition, nothing funds a deficit.
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