Oh my. The Stupid is strong with this one.
posted on 01/01/2013 4:48:09 PM PST
by Drill Thrawl
(We have crossed the line from independence & liberty to dependency & servitude. We are doomed)
To: Drill Thrawl
I’ve been in a debate with a relative visiting for the holidays over this one.
posted on 01/01/2013 4:51:00 PM PST
(Conservative is not a label of convenience. It is a guide to your actions.)
To: Drill Thrawl; gunsequalfreedom
The author is demostrbably wrong wrt to the Gingrich/Clinton surplus not being followed by a recession.
But to answer the authors premise, why not just keeping running (largely) domestically funded debt? Of course as long as we can print money there will be no default. Which is the reason...it leads to monetary collapse and inflation.
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