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re: Let’s fricking Default!

Posted on 9/29/21 at 10:42 pm to
Posted by Powerman
Member since Jan 2004
162289 posts
Posted on 9/29/21 at 10:42 pm to
Why would you think we would need to pay down the principal? Lol
Posted by SoDakHawk
South Dakota
Member since Jun 2014
8639 posts
Posted on 9/29/21 at 10:52 pm to
Because our debt as a percentage of GDP is scary high. So we have two choices, reign in the debt or outrun it. We aren't going to outrun it so it needs to be a combo of expansion and pay down to get things more manageable, if that's possible.

I say that and the Dums are wanting to pass a freakish spending spree that we'll never recover from.
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