Why is it so important that we pay off the National Debt?

[Shazam]

Hmm, must have scared off the kiddies

 

[yata]

Paying off the national debt has a more positive effect on the country than giving bigger tax breaks to the people.

 

[abracadabra1]

ehh...debt needs to payed.

once you get into the trillions, you gotta be in trouble- unless you're the U.S.
fortunately, the debt will be payed off within 10 years according to my calculations

 

[Crimson]

Our tax burden is as high as it is because of unlimited social spending by you left wingers.. not because of the national debt.

 

[Shazam]

<< ehh...debt needs to payed >>


Yes, this is true. But there's no reason why a gov't couldn't just reborrow after they pay off a certain amount of debt

 

[JellyBaby]

<< fortunately, the debt will be payed off within 10 years according to my calculations >>

My take is that with repubs. and dems. in power, this is not likely.

 

[AngelOfDeath]

<< Our tax burden is as high as it is because of unlimited social spending by you left wingers.. not because of the national debt >>

That's BS crimson. If you don't know Sh|t about economie then shut the f*ck up. Your statement was right out of the pocket of a politician.




<< ehh...debt needs to payed >>

Yeeees, but only in the long-run as the situation is right now the US can actually run deficits forever.

AoD