haxxiy on 22 May 2013
Very tendentious way of putting the debit situation, in my opinion.
So, the federal debt has shrunk by a hundred billion dollars for three years now. That's something to brag about? Yeah, let's ignore it was $160 billion by 2007 and then $1,400 billion by 2009 to start with.
Also, it's very unlikely the economy is going to grow faster than the debt for another decade, at least, even on a scenario keeping the current spending reductions and tax increases indefinitely without any negative consequences.
