[sausageseller]

I would say your premise and his is unworkable because increased debit does not really equal wealth. Increased debt for highway project's is just servicing a decaying asset. Dollars spent on the cash for clunkers is a prime example of investing in a deprecation asset.

Even if you and Stark really believe debt= wealth, the extra debt dollars needed to pay interest to other nations that hold our debt would decrease our wealth.

[Globalist Goon]

I think he is saying that the politicians are rich with an endless stream of tax dollars, and debt is meaningless because we have to pay it.

[cliniclinical]

It’s not a belief, it’s a fact.

The Dollars that create our wealth come into existence in a very special way. They are literally created out of thin air by an agreement between the Treasury (Government component) and the Federal Reserve (Quasi-government / Private component). In exchange for an IOU (completely made up) that the Fed “buys” from the Treasury, the Fed prints money for release into circulation to create our Nation’s wealth.

One Dollar owed to the Federal Reserve (our Nation’s “debt”) = One Dollar printed and entered into circulation as “wealth”. Get rid of the debt and you get rid of the wealth.