[Southack]

"Quite frankly, that is the stupidest thing to suggest doing to our kids."

Sadly, you've missed my point again. I did NOT advocate defaulting on our debt. I merely listed several ways in which a deficit could be handled *without* raising taxes, thereby supporting my contention that deficits do not have to equal higher taxes...with courteous tangible examples rather than the more common empty rhetoric of late.

[Nanodik]

handled *without* raising taxes

Notice I said deficits = deferred taxes not deficits = raised taxes. If you owed me money and I said you did not have to pay me, instead I'll just take your car in payment, would you argue that you got away without paying me?