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Politics : View from the Center and Left

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To: Katelew who wrote (59985)	4/18/2008 11:15:27 PM
From: Lane3	Read Replies (1) of 542251

It doesn't matter how he's labeled anyway. It doesn't. results are the purpose of any undertaking. As a practical matter, there are only two ways to deal with the accumulated debt. We can let it sit there, continue servicing it, and wait for inflation to make the amount negligible. Maybe some time in the next century. Or we can raise taxes to pay it off. Of course there is no president or congress that will act to raise taxes for that purpose. Never, ever. The best we can hope for is to stop adding to the debt. Even that is impractical and unlikely.

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