Posted by bad_luck on 3/12/2013 9:32:00 AM (view original):
So your answer is, "it's a really high number."

That doesn't make it unmanageable. The debt has been a really high number for over 30 years. The interest payments are less than 6% of the budget and we are in no danger of default.

Posted by tecwrg on 3/12/2013 9:38:00 AM (view original):

Posted by bad_luck on 3/12/2013 9:32:00 AM (view original):
So your answer is, "it's a really high number."

That doesn't make it unmanageable. The debt has been a really high number for over 30 years. The interest payments are less than 6% of the budget and we are in no danger of default.

What budget?

Posted by tecwrg on 3/1/2013 8:23:00 PM (view original):

Posted by bad_luck on 3/1/2013 5:59:00 PM (view original):

Posted by MikeT23 on 3/1/2013 5:30:00 PM (view original):
Just that if the government was selling enough treasury bonds, there wouldn't be a deficit.

Treasury notes aren't funding the deficit,

By definition, nothing funds a deficit. 

This is so funny I had to post it again.

Funny, because you don't understand it?