[amorphous]

I will say this about the above. Though we've had a recent scare or two, they've kept it going longer than I thought possible. But they now control everything!

[GOP_Party_Animal]

I wish there would be a better description of what this catastrophe will look like. I understand that borrowing money will cost higher and higher rates, so that the share of the federal budget that allows it to function becomes less and less. But what will that look like? No more federal welfare programs? Reduced Social Security payments? Aircraft carriers docked for years? And what will be the response to this contraction?

[Brian Griffin]

Lots of people are going to notice a $25 trillion meltdown, which will happen after the Democrats take total control, which I believe can not be prevented.

The banks can pay low interest rates and I can continue withdrawing money out.

I four years my bank money will mainly be spent and I will wait as long as possible to take Social Security.

[Prince Caspian]

The cited reference to Virgil's Aeneid has always made a deep impression on me.

So easily one slithers down to Hell.

By night or day, no matter. One gets in.

But grappling one's way up again to light,

that is the task, the toil.

A few succeed, by Jove's grace,

or a hero's soaring will.

[tet68]

Pursuing delusion, of course, is abundantly easier – for a time.

One can deny reality but there is no denying the results
of denying reality...as the demorats are finding out.

[Brian Griffin]

American life will resemble that of 1970’s Britain, but without coal miner strikes.

[econjack]

The allure of offering "free stuff" to stupid people gets them reelected, and that's all they are about. The long run to them is their term of office. Warren Buffet proposed one solution: Any sitting member of Congress who supports a budget that increases the deficit by more than 3% cannot run for reelection. Until there's a punishment for spending too much, there will be no change. To date, they say the cause of the deficit is that taxes are too low. They never even stop to consider that lower spending also provides a means of lowering the deficit. Truthfully, a Constitutional Amendment is probably the only thing that will stop them from more stupid spending. Free cell phones for deadbeats...really?

[Rurudyne]

Keystone Keynesians

Bad times demand more spending.

Good times are an opportunity to spend more.

Lather, rinse, repeat.

These days they aren’t priming the pump, they’re engaging in economic masturbation to such an extent that that one character from Dr.Sax would be embarrassed.

[Truthoverpower]

Oh gee. The debt !

Snore

[metmom]

Prepper ping.

Pay off all debt and make sure you have everything you need.

[DuncanWaring]

The thoughts of Adm. James Bond Stockdale, reflecting on his 7+ years checked-in at the Hanoi Hilton seem appropriate in this situation:

You must retain faith that you will prevail in the end, regardless of the difficulties.

AND at the same time…

You must confront the most brutal facts of your current reality, whatever they might be.

[stig]

For example, at the turn of the new millennium, the national debt was $5.7 trillion. By 2010 it had more than doubled to $13.5 trillion. By 2020, it’ll be over $24 trillion.

People have been complaining how deficits will ruin the country since the Carter administration. Deficits don't matter. The deficit hawks have been wrong for 40 years.

[Pollard]

https://www.usdebtclock.org

Bottom center is “Unfunded Liabilities” 125 Trillion and counting.

Print Faster Dammit!

[SkyPilot]

But 401Ks, IRAs, and everyone’s stock portfolio is perfectly secure, right?

[Garth Tater]

"Though we've had a recent scare or two, they've kept it going longer than I thought possible. But they now control everything!"

Well, not quite everything, but they are continuing to make excellent progress in that direction. Our descent into debt slavery is being very well managed and at this late stage they are not going to allow an economic catastrophe to put their plan at risk. I'm putting my money on the notion that things will just keep on as always until almost no one is left that remembers, or cares, what life in a free and prosperous country was like.