Pull the plug on all the debt and let God sort it out.
Hey, JimRob, nice to hear from you. I have heard our current debt is more than $100,000 for every man, woman, and child in this country.
I just don’t know how that gets paid back. I just don’t know. You may be right, but I do wonder about the ramifications of that, because as Milton Friedman famously said, “All debts get paid”.
I think that is what will happen. I don’t expect them to choose it, but like a force of nature... they cannot stop it.
This financial hurricane is headed straight into town.
I think the only mitigation they can do it to try to have the crash hit when a Repub is in office.
Stop any and all Tuition/college expense loans.
That’s what I’ve said too.
Pull the plug and let er buck.