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Message
re: National Debt
Posted on 2/21/19 at 10:28 am to Loserman
Posted on 2/21/19 at 10:28 am to Loserman
quote:
The reason why politicians don't care about the debt is if we bankrupt as a nation it will be the easiest way for them to get rid of that pesky constitution!
We are not going bankrupt as a nation, ever, no matter how much money we owe ourselves (which is where most of the debt is).
Regarding our debt elsewhere, as the old saying goes 'If you owe the bank $10,000, the bank owns you. If you owe $5,000,000,000,000, you own the bank'
1
Posted on 2/21/19 at 10:38 am to Indefatigable
We will and can bankrupt ourselves. Almost a quarter of our budget now is interest we are paying on our debt. We pay as uch in interest as we do Medicare. If we are unable to make those payment people will stop buying our debt
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