[Cannon Shell]

Originally Posted by Riot

First, the country will never be unable to pay it's debts. Why? It simply has to print the money to pay them (yes, we all know about inflation, so why this final option would never be used).

Secondly, a sink of billions per year has just been ended (Iraq).

Third, when the Bush tax cuts expire, the debt is cut in half in 10 years, doing nothing else. No cuts to programs, no sacrifices, nothing.

The truth is, that if this country does zero about "the debt", if congress takes zero actions, if the President takes zero actions, the debt is automatically cut in half in 10 years. They know that in Washington.

Don't fall for the "we're broke!" scare tactic. Yeah, we have to deal with the debt. Bush killed this country financially, ran the charge card up and well over the limit. But it is only a disaster if we refuse to take responsibility, raise taxes back to where they were when cutting that income put us in debt, and retire it readily.

The "we're broke" is the excuse for some politicos to eliminate social programs they don't like. It's a deliberately created argument, not based in completely true reality (you'll notice the very same now-panicked people didn't worry about it at all the previous 8 years). It's a SQUIRREL !

oh boy