I don’t rely on 2nd hand info. You should do the same and spend an hour with the report. I did when the story broke, because the 16 trillion claim was so outlandish.
Of course, it was pure crap, spun to make Bush and the Fed look bad....paultard SOP.
You can’t make conservative decisions if you don’t know the truth of the matter at hand.
You must keep in mind the interest payments that we are making on this debt and check out what we spent last year in interest on the debt alone... figuring this into the equation... it would take hundreds of years to pay it down if we quit spending a dime and paid the debt back at 100 million dollars a day... and that happening is beyond reality... so I am back to the conclusion that it does not matter. I do not think that there is any way that DC as it exists today, has the will to cut spending as far as it needs to be cut and then shrink government and abolish many agencies and stop gubmint unions etc... there is no will to do it in the leadership of either party.
We have passed the point at which we can cover what we owe... and the value of the dollar and our credit rating goes lower with each borrowed dollar that obama and the dims spend... of course... along with the republicans helping them spend it all.
LLS