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Please point me to the non-partisan, non-hack, non-goldbug study that tells you that the US cannot support its current debt load. The feeding frenzy at every ne
by kchoudhu 10y ago
Please point me to the non-partisan, non-hack, non-goldbug study that tells you that the US cannot support its current debt load. The feeding frenzy at every new treasury auction tells me that there's plenty of space yet for us to issue debt.
Serious claims require serious proof.
- AnthonyMouse 10y agoIt isn't that no one will buy the debt, it's that the interest on the debt hurts the country. Every dollar in interest the government pays is a dollar it has to take from taxpayers and then not spend to the taxpayers' benefit.