This is the first, and most important fallacy to understanding what the national debt is and how it works. Politicians have long made the populous believe that they are the ones who owe the national debt, however, they never have clarified why or how. This has kept the general population in fear of the national debt and always giving power to those who promise to eliminate the national debt.
According to Joe Biden last week with Tony Snow .. We are Greedy for wanting a tax cut
2 posted on 09/28/2003 4:37:07 PM PDT by Mo1
(http://www.favewavs.com/wavs/cartoons/spdemocrats.wav)