I think we are going to turn the corner on the deficit sooner than the MSM predicts, their estimates are based on an assumption that GDP will be no where near 4%. It's not real money, the national debt is not like an individuals debt, we can't print money.
RE: Critical Mass: 17 States Now Disobeying Feds, Will Grow Hemp Despite It Being Illegal
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Critical Mass: 17 States Now Disobeying Feds, Will Grow Hemp Despite It Being Illegal
A key point. The USG can't print real money anymore than you or I can. You're ignoring the elephant in the room if you think that doesn't have real world consequences.
A cursory examination of recent history reveals numerous examples of how printing doesn't fix national debt problems. Start with Weimar Germany, and end with Venezuela.
We don't want that 'fix'.
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Well, that's demonstrably false. Are there any examples of American currency being worth zero?
Those are examples where countries have printed money irresponsibly.
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