Skull Pilot
Diamond Member
- Nov 17, 2007
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And no one caresAnd deficits have gotten worse.yes, obammy had 10 trillion worth
They care depending upon who is sitting in the White House
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Dems only care about republ debt
Repubs only care about dem debt
Not one single voter that votes for dems or repubs cares about the debt
Keynesian theory is that the government should go into debt and increase spending during a weak economy. But when the economy picks up - and especially when it booms - the government should first pay down the debt and the once the deficit is under control, lower taxes.
During the 2008 recession, government spending and a willingness to increase government debt was the right thing to do. However, during GW Bushes first term - when there was a surplus, and now that we're in an economic boom, the government should pay down it's debt first and lower taxes later.
The GOP keeps screwing up this simple formula.
When was the last time any administration paid down any debt?
No one cares about the debt
NO ONE CARES ABOUT THE DEBT
the evidence is all around you stop denying it.