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It's an Account Identity, Stupid! Government deficit=non government surplus

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  • Strongly Liberal Democrat
    Democrat
    Dallas, TX
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    IT'S AN ACCOUNT IDENTITY, STUPID! (cont.)
    Government deficit=non government surplus

    If there's a pending crisis with the national debt, don't you think we would have had a problem before we got to nearly $16 trillion?

    The currency issuing government's debt is the net-savings in dollars of those that use the currency. The "national debt clock" in NYC is a savings clock!

    If that doesn't sit well with your ideology, deal with it. You either deal in reality, or you can't offer good policy advice. Time to grow up, America. Get with it. Get sharp. Get smart.

    I'm tired of the politics of stupid. I don't have the energy for stupid. I don't want to deal with the consequences of stupid. I want to smack stupid.

    NIN: "Terrible Lie."