The deficits are most definitely manageable. Beyond a doubt.
right!!! thats why we have the biggest debt AND the biggest/longest recession!! See why we are 100% positive a liberal will be slow??
This is money borrowed from ourselves, to be repaid by ourselves, to ourselves.
too stupid as usual, as if China and India and Japan don't own a lot of it!!. If it is owed to other Americans, dear, it is still owed and massively disrupting the lives of all those who have to pay it. And pay for what: a huge recession and more living on welfare and in poverty that ever. Does it make sense to be in debt $150,000 to create recessions welfare and poverty???
The only "leakage" in this scenario is the regular thievery from banks
who is stealing from banks??????????? Slow????????????
and a relatively small percentage of the debt that is held by foreign governments.
China has actually decreased its holdings of U.S. debt over the past year, dropping from $1.31 trillion in June 2011 to $1.16 trillion a year later, according to the Treasury Department. Japan holds nearly as much, at $1.12 trillion. Those countries are by far the biggest foreign holders, but dozens of other nations, including Brazil, Russia, Taiwan, Switzerland and the United Kingdom hold trillions more.
Inside the U.S., private investors hold nearly $1 trillion in federal debt,
The economy is subjective, not objective. It is largely an imaginary construct.
idiotic liberal gibberish.
