Full-Auto
Gold Member
- Jun 13, 2009
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What nation ever had a "balanced budget" requirement? I think there is only one other nation on earth with a debt ceiling. And they don't even pay attention to it.
Government is NOT a business. And if it was..we'd be in trouble. Lots of it.
Government has to deal with emergencies like disease outbreaks, natural disasters, war, crime and a myriad of other challenges there are absolutely no "profit" in. That's why it exists. Trying to hamstring a robust approach to dealing with challenges will lead to big trouble.
But that also has cost. And that has to be paid. By all of us.
What should this figure be?
Government - Interest Expense on the Debt Outstanding
A Trillion? 2 Trillion? What?
I dunno.
First time in history we had a tax cut while starting 2 full shootin' wars.
That's gotta be paid for..
War Bonds?
Think Big Oil will buy in?
Shut down more oil production that will show them.