Quote:
Originally Posted by Paper1
Although I hope you are wrong about the war part I do agree with your thinking about national debt. I don’t believe it can mathematically be repaid, we can’t even balance the budget for one year. We as a people are addicted to our grandchildren’s credit card and the US money printing machine. We are not screwed but surely have set up future generations to take our long over due bitter medicine for us. Americans have been led to believe there is such a thing as “something for nothing”, it is now the great American dream.
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The Debt could EASILY be repaid merely by changing the tax brackets to make the top brackets pay more (their fair share). But, it may be too late. We may have lost our Democracy already.