Brain357
Platinum Member
- Mar 30, 2013
- 37,068
- 4,189
It won’t happen because repubs forgot about deficits as soon as they gained power.Some day in the next 50 years or so, the country is going to have to declare bankruptcy and write off its debt, mostly owed to China at present, that might actually be a good move since China has been trying to destroy us for years.
Incorrect once again, most of the debt is owed to US investors...
Ok, but my point remains. at some time this has to be dealt with and bankruptcy is the only possible solution.
god forbid we should actually cut spending...that would never do
I'm all for cutting spending. I have many times called for a 10% across the board spending reduction to all government budget lines-------------all of them, social security, military, congressional salaries, welfare, every single line in the budget.
but it won't happen because much of the spending is pork that keeps congress persons on the gravy train.