no government will be elected promising to deal with the debt - it is political suicide
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Bingo.
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It's all the handouts when the whole time we could have been giving all that money to CEOs and corporations so they could buy their own stocks and inflate stock market! We need to cut taxes for billionaires NOW so they can continue to put money in stock market!
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The plan: 1) cut interest rates to 0% or negative 2) jumpstart dead economy with massive amounts of govt stimulus and get us addicted to it 3) make feigned effort to pay down national debt with cheap hyperinflation dollars 4) repeat if necessary
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Cancel ALL debt and start from scratch.
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fight club?
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The government isn't worried as long as they can cover interest
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Unsustainable
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First of all, we shouldn’t owe China a red cent (so to speak)
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I have never made enough money to save for retirement. And what about those who have saved, such as those who were caught up in the Enron scam, and lost everything? What about those who have been sick or disabled all their lives? They can't save for retirement, either.
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