[Willie Green]

Besides, if you haven't read Gelernter's article you can't comment on it intelligently.

Well Gelernter certainly hasn't contributed anything new to intelligent discussion.
Instead, he trots out the same old lame excuses and pack of lies:

• Blame everything on Klintoon.
  Anything bad with the economy started before Dubya took office.
• The United States is infinitely rich. Therefore it doesn't matter how much we spend and go into debt.
  Make an irrelevant comparison of deficits to GDP.
  Ignore all other forms of debt that must be serviced by our domestic economy.
  Ignore that close to 20% of federal revenue is already dedicated to make just the interest payments on the debt.
• Understanding our economy is like buying a pizza.

Gelertner is an idiot.

[Restorer]

Make an irrelevant comparison of deficits to GDP.

I'm curious. Why is the deficit as a percentage of GDP irrelevant? Seems to me that if I have annual income of $100,000 I can afford to assume a lot more debt, for instance on a mortgage, than I can if I have an income of $50,000. How exactly does this analogy differ from that of GDP/deficit?

[Ditto]

Ignore that close to 20% of federal revenue is already dedicated to make just the interest payments on the debt.

That's about the same amount of my revenue that went to the mortgage interest payments when I first bought my house. But since then, my revenue has gone up significantly while the interest payment is so low now that I'll probably end up using the standard deduction this year.