makingmusic476 on 13 January 2008
| Rath said: Do you have any graphs of either of the following? US debt. US federal budget. Both would show some interesting figures for the recent years. |
While I agree that we should evenetually get out of debt (or at least close to it), you do realize that this nation has been in debt since it's inception? Hamiltonian economics was founded on the idea of a "sinking fund" in which the government always spends more than it makes.
Of course, I still think we should reduce the national debt significantly, only so that 1/3rd of our yearly budget isn't thrown towards interest on what we owe.
