[ifinnegan]

I remember when I was a youngster, this argument made an impression on me when the libertarian candidate said it. I heard him on a radio show.

It seemed like a good idea.

Its silly, though, as an answer to the deficit.

[arrogantsob]

Actually it is a brilliant idea as for the deficit. Especially if linked to debt swap.

I outlined the dynamics of this earlier:

Let’s pretend that one method of doing this is to trade land for bonds. What would be the impact?

1- a scramble for bonds to swap;
2 - an increase in the value of those bonds producing;
3- a decline in the interest rate producing;
4 - more economic activity producing;
5- more taxes from that activity and
6- more JOBS from the projects undertaken on that land.

Now lets watch as Cruz stumbles around looking for any dumbassed way of attacking this great idea.

[arrogantsob]

“Its silly, though, as an answer to the deficit.”

Sorry I didn’t respond to this.

We are not talking about the DEFICIT but the DEBT.

One thing at a time. Different weapons for different targets.

[ROCKLOBSTER]

Its silly, though, as an answer to the deficit.

The debt, the debt!

$20,000,000,000,000. ($20 Trillion)

You could go through a million dollars, spending $1000 a day for three years.

A billion would take you 3000 years.

A trillion would take 3 million years.