[Drill Thrawl]

Oh my. The Stupid is strong with this one.

[gunsequalfreedom]

I’ve been in a debate with a relative visiting for the holidays over this one.

[Red Dog #1]

The author is demostrbably wrong wrt to the Gingrich/Clinton surplus not being followed by a recession.

http://en.wikipedia.org/wiki/Early_2000s_recession

But to answer the authors premise, why not just keeping running (largely) domestically funded debt? Of course as long as we can print money there will be no default. Which is the reason...it leads to monetary collapse and inflation.