I don't believe that you have a college education....how in the hell can you not know that gold has many, many uses?
Largely, it's ornamental.
AS I have stated, you could steal every dime from those making 200K and above and it wouldn't make a dent in what is the national debt
Never said it did, never said it would. Never even said that's the goal. I'm curious why you are so consumed with debt, and why all the debt peacocks said nothing 16 years ago when Bush took a surplus that could have paid off the debt by 2010, and instead turned it into record deficits (4 of them during Bush) that doubled it by 2009?
So long as our GDP grows faster than our debt, there's no problem. Because government never "dies", and therefore never has to pay debt off. We've carried a debt load in this country for about 190 years. Most First World governments operate in debt.
nd it certainly wouldn't benefit me and I wouldn't do it even if it was within my power to do so. I don't NEED others to subsidize my existence like those of your ilk do.....capiche'?
Wait - higher taxes on the wealthy wouldn't benefit you? Of course they would. Because the government would then collect more revenue which means it can spend more on things like education and health care, which results in you
spending less on those things and
spending more in the consumer economy, which is 70% of the economy as a whole and where most of the jobs are created.