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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (25901)2/8/2008 8:19:35 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Re: " Again your referring to the fiscal balance, not the health of the overall economy."

No.

I simply listed a REAL and HARD fact: the interest costs on the national debt.

A cost, an expense, that the government is OBLIGED to pay.

That it CANNOT NOT PAY... (excepting, of course, the even more unattractive options of SOVEREIGN DEFAULT, and DEVALUING the national currency).

Nothing 'nonsensical' about THAT PARTICULAR federal budget line!