Why don’t you quit while your ahead? Or at least study economics 101, of course, it’s so much easier to just babble along like a good wingnuz parrot which exactly what you are. Looking at the debt in terms of percentage of GDP the WW2 debt was much higher in 1945, the U.S. debt was 121.7% of GDP– you think I made it up? If you had the slightest clue how to read a financial statement you’d understand how dramatically the countrie’s wealth and assets have increased since WWII.<quoted text>
The sky is NOT falling.But you do not keep up with where we were nor where we could go if this is not stopped.Ever hear of bankruptcy?Well a Country usually does not go there.They just print currency til they pay off the debts.The poor and middle class suffer as their money buys less and less.We had no debt such as now even with WW2 and don`t try to say Bush did it when Obummer has doubled Bush left overs.BS about the can`t do it.If one does not wish to stay within what comes in and spends more,then it is debt.We all suffer if spending would be cut to that stage.When do you want the depression,now or later.?Chicken Little?