With the old media filled with scare stories here is something worth pondering: How exactly can you default by declining to incur more debt?
Well, by running a Ponzi scheme. Nobody is suggesting our government is doing that are they, hmmmm?
If so ending it sooner is better than ending it later.
For the record the federal government is not (yet) running a Ponzi scheme. Revenue not involving new loans is still more than enough to cover existing loan payments. Let’s not let that change. Fight the power.
Also something worth pondering: are liberals smarter than conservatives? Click here to find out.
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