[Koblenz]

This is one of the more absurd things I have read recently. What's really sad though is that the author of this piece isn't just some journalist at Ms. She's an economics professor.

So if deficits don't matter, why tax at all? And has this person seen what happened in Zimbabwe?

This is what feminists really believe? Because it's really removed from reality.

I think this article can best be summed up by three words:

MATH IS HARD

[mylife]

Her motto is “Charge it”!!!!

[Psycho_Bunny]

I don’t understand how a person this stupid can even use a keyboard.

[rwa265]

“So if deficits don’t matter, why tax at all?”

I believe in their minds, taxing the wealthy has nothing to do with the deficit. Their objective is to redistribute the wealth to the poor through increased spending.

[freekitty]

Is this for real?

[Maceman]

This is what the world looks like to people who wear glasses that are missing one lens. They only see half the picture (namely the half that looks at actual value created, as opposed to only looking at money.

[Freedom4US]

“Economics Professor”

That’s all you need to know.

[EGPWS]

An economy without a deficit is like a fish without water.

No wonder feminism isn't catching on.

There are WAY too many woman that can actually think!

[Uncle Ike]

” Deficits are a Grrrl’s Best Friend “

How *interesting* (in a freudian slip sense) that the author should choose to misquote the song title “Diamonds are a Girl’s Best Friend” - which was sung by Marylin Monroe (the ‘anti-feminist’) in the movie “Gentlemen Prefer Blondes”.....

Just sayin....

[onedoug]

Ms. Magazine: stalwart defender of women dehumanized by islam everywhere. Hear them roar?

[SuzyQue]

“An economy without a deficit is like a fish without water.”

I think she meant bicycle, not water.

[denydenydeny]

Cringeworthy and horribly stereotypical.

Basically this is just a stereotypical airhead woman, giggling that she doesn’t understand any of that checkbook balancing business—she just knows shopping! Tee hee!

[RochesterFan]

Just wow. True ignorance...

For those who want to see the math, Karl Denninger over at the Market Ticker does a pretty good job of laying it out, showing how we have been scammed by both parties over the years...

http://market-ticker.org/akcs-www?singlepost=2626292

[rlmorel]

"...An economy without a deficit is like a fish without water..."

Wait! Wait! I thought an economy without a deficit was like fish without a bicycle!

Dang liberals, they have too many acronyms and analogies! I always complain that that they can't think up new slogans...

[constitutiongirl]

So sorry. I couldn’t understand what she was saying. I don’t speak “Stupidb*tch”.

[Dr. Bogus Pachysandra]

Most of the comments are rippin’ her a new one!

[Mariner]

The author misses the part about somebody, somewhere actually putting the fruits of their labor into these debt obligations and perhaps, someday, expecting to retrieve those fruits with interest.

This meme is the one Marxists will use to steal all the "wealth" of the nation.

After all, wealth and money are artificial constructs anyway, used by the "rich" to exploit everyone else.

The truly alarming aspect of this thinking is that it is held by over 100 million people in the USA.

[KarlInOhio]

Here are the facts: U.S. government borrowing creates interest-bearing assets. The bonds are bought with dollars, the interest on them is paid in dollars and, at maturity, the bonds are paid off in dollars. Since the U.S. government is both sovereign in its own currency and the sole issuer of dollars, it can never run out of them. How could it?

We'll be so rich our wallets won't even be able to hold our money.

We will have money to burn.

We won't even bother to pick up what we drop.

Maybe we'll go full Zimbabwe so everyone can be trillionaires and quadrillionaires. Since Obama has already declared that millionaires and billionairs are evil, we'll just have to skip right over that. We'll be rich because we spend more than we have.

[Talisker]

Since the U.S. government is both sovereign in its own currency and the sole issuer of dollars, it can never run out of them.

This is a direct, knowing lie, doubly so by an economics professor. The Fed is private corporation that loans currency to the US at interest. THAT'S THE DAMN PROBLEM.

But she's a feminazi writing for NOW - what she lies about over economics is nothing compared to what she lies about over Islam. Women have never had such hate-filled, murderous enemies as what Leftist feminists actually are.

[esoxmagnum]

So, I’m guessing she voted R last cycle because each and every dem voted to NOT raise the debt ceiling while W was in office....