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To: Rurudyne

Try asking your representatives to tell the young people in their state that they will have to pay the debt and its carrying cost. Also, what is there plan to repay the debt? No answer.


12 posted on 03/20/2019 12:32:49 PM PDT by ActresponsiblyinVA
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To: ActresponsiblyinVA

I could solve the problem of over spending if they would give me a LARGE Grant to study the problem.


15 posted on 03/20/2019 12:39:27 PM PDT by oldasrocks (Heavily Medicated for your Protection.)
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To: ActresponsiblyinVA

The plan?

Well, judging by long standing policy in the 20th century it historically was to use steady inflation, not too fast so those buying bonds won’t catch on and not too slow so debt will remain cheap so that it would never have to be paid down.

Then in the waning days of the Carter Administration the Democrats changed to a form of base line budgeting that assumed across the board increases and framed reductions in the rate of increase as spending cuts and they went from being merely vile to being mad buggers.

Even returning to zero BLB with the Contract With America only brought us a few years of reprieve.

Nowadays I think the plan is to live off the churn and be on the last plane out before the shooting starts.


22 posted on 03/20/2019 2:07:41 PM PDT by Rurudyne (Standup Philosopher)
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