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You went on and on and on and on, responding to something I didn't post. How embarrassing is that?

I ONLY mentioned what would happen if we attempted to pay down all of the outstanding debt. YOU added the part about ALSO cutting the budget and generating additional revenue. A HUGE DIFFERENCE!

Have you ever taken the Series 7 General Securities Exam? I scored a 96. My former Human Resources director told me it was the highest score she'd ever seen.

What was your "reading comprehension" score?

Cutting the budget is a necessary and appropriate meants to facilitate reduction of the debt (or cutting some items to make room for more debt retirement).

You went on and on and on and on, responding to something I didn't post. How embarrassing is that?

It is not as embarrassing as a complaint about an extended response that addressed the topic and appropriately discussed related issues.

You went on and on and on and on, responding to something I didn't post. How embarrassing is that? I ONLY mentioned what would happen if we attempted to pay down all of the outstanding debt. YOU added the part about ALSO cutting the budget and generating additional revenue. A HUGE DIFFERENCE!

There's NO DIFFERENCE at all, you sophomoric dilettante. Cutting the Federal Budget below the level of Federal Receipts is HOW the Federal Government "Pays Down Debt". Do you mean to tell me I posted a detailed discussion of the actual FINANCIAL MECHANICS of "Paying Down Federal Debt", and you didn't even know that was what I was talking about??

Good grief. How embarassing for you.

Have you ever taken the Series 7 General Securities Exam? I scored a 96. My former Human Resources director told me it was the highest score she'd ever seen. ~~ What was your "reading comprehension" score?

There isn't a "reading comprehension" score on the Series 7; it's not administered to third-graders, you twit.

In order to be able to take the Series 7, you MUST be able to grasp some basic financial concepts (like the fact that "Paying down Federal Debt" ENTAILS "cutting the budget [definitely] and generating additional revenue [perhaps]"). Are you so blindingly-stupid OBTUSE that you can't even RECOGNIZE that fact?

You know what's becoming clear to me? What's clear is that you were trying to over-awe "cva66snipe" with your supposed "understanding" of "how federal debt comes into existence", and how "Paying down Federal Debt" is somehow bad (of all the ridiculous Keynesian insanities); and now you're getting your uneducated butt burned by someone who actually understands the Capital Markets and who can really call you on your Stupidity.

There are no Net Benefits to Government Debt. NONE. You wanna Debate me on that? Let's go, kemosabe... apparently, between Federal Outlays and Receipts, you don't even understand how Federal Debt gets Paid Off! GOOD GRIEF!!