The debt is a cumulative amount from decades past, something a nation can do as long as it remains stable and can pay creditors when necessary. The Henny Penny fearmongers have been brainwashed to believe the massive debt is the harbinger for financial collapse.
It is not. The reason the don't tax and spend GOP has brought this issue up now is because they want the seat in the oval office for the perks then made available to the party. It has nothing to do with their ability to govern fiscally responsibly, for we've seen the deficits of Reagan and Bush II and how the issue was silent during their reign.
If the Congress wants to prosecute war, they need to stand up and pass a bond issue to pay for it, not spend a trillion dollars and more on a war of choice not budgeted. Under Obama the cost of military action and the treatment of wounded vets is on budget and transparent - and still the deficit has been cut during his tenure in office.
Wrong. Like always!
Conservatives have always brought up overspending and we pay a MASSIVE amount on interest alone. You dipsticks think a country can spend its' way into prosperity. The country did great under Reagan and Bush, until all the bullshit overspending/speculating/playing games with money collapsed the market. WE should be rolling along way before now but the economy STILL sucks because too many think what got us into trouble is the way forward.
Real conservatives have always been careful with the pennies, but that alone is insufficient when needs go unmet. The problem is clear, the Right and Left have different priorities which each concludes will lead to fiscal sanity,
The current meme on the Right is to push for a Balanced Budget Amendment - a fools errand; one which ignores fiscal cost deficits; which is why they are penny wise and pound foolish.
The Congress, and more specifically the members of the TP Caucus are as out of touch with the reality of governance as were the Utopian Socialists in the early part of the 20th Century,
The Left wants to provide free health care and seemingly open borders, ignoring how this leads to the exploitation of labor and a drain on local government's resources.
The real problems facing us today is The Congress, and the on going bitter divide ignited by Gingrich two decades ago. A Congress, BTW, which is predominantly concerned with their own reelection and only too willing to be bought by the highest bidder (thanks to the five members of the Supreme Court's repeal of sensible reform).