Donald Trump’s Idea to Cut National Debt: Get Creditors to Accept Less

[cpwill]

Americans are good when it comes to keeping social security. Thank god.

Well, I wouldn't really want to call it "borrowing." The government (fed+treasury) gives a bond to the private sector in exchange for numbers in an account, the government spends by marking down the account, and the private sector benefits with the new spending + the bond. Why anyone would want to reduce spending when growth is so pitiful is beyond me.

Thank you for demonstrating my point about the general willingness among American citizens to support self-destructive or even ludicrously fantastical economic claims, so long as those claims promise them a Free Lunch.

 

[David_N]

Thank you for demonstrating my point about the general willingness among American citizens to support self-destructive or even ludicrously fantastical economic claims, so long as those claims promise them a Free Lunch.

Self destructive? Dang, quit describing austerity.

 

[cpwill]

Self destructive? Dang, quit describing austerity.

Well done, David, but you're supposed to also interject with "Winning!" and "Wall!" when using that depth of analysis.

 

[David_N]

Well done, David, but you're supposed to also interject with "Winning!" and "Wall!" when using that depth of analysis.

On par with your "analysis." Except the evidence is actually clear when describing the effects of austerity.

 

[cpwill]

On par with your "analysis." Except the evidence is actually clear when describing the effects of austerity.

In The Future We're All Dead!!!

 

[David_N]

In The Future We're All Dead!!!

That's very true. Still, I can't understand why we neglect infrastructure and other ventures because of an irrational fear of deficits.