If we just "balance" the budget, then we would have no money left over to pay down the principal on the accumulated national debt. So, don't we actually have to have a plan to run the budget at a surplus in order to have extra money to pay off the debt?
With all the grandstanding and bickering that I see on TV; I am entirely bewildered that the competing parties/sides aren't even talking about actually paying off the debt. Both competing plans that are being discussed still lead to ongoing deficits and large increases in the national debt.
So, does anybody really think it is a good idea to allow the federal government to keep operating in the red? And, can anyone tell me exactly when we will be a debt free nation?
To a certain extent, those are rhetorical questions; but, how do we all let these politicians hoodwink us like this? They've overpromised, overspent, wasted, been inefficient, and mostly bankrupt our country. I, for one, demand to see a concrete plan to show how we are going to get out of this hole and, to date, I am extremely disappointed. Somebody please take their credit card away!
With all the grandstanding and bickering that I see on TV; I am entirely bewildered that the competing parties/sides aren't even talking about actually paying off the debt. Both competing plans that are being discussed still lead to ongoing deficits and large increases in the national debt.
So, does anybody really think it is a good idea to allow the federal government to keep operating in the red? And, can anyone tell me exactly when we will be a debt free nation?
To a certain extent, those are rhetorical questions; but, how do we all let these politicians hoodwink us like this? They've overpromised, overspent, wasted, been inefficient, and mostly bankrupt our country. I, for one, demand to see a concrete plan to show how we are going to get out of this hole and, to date, I am extremely disappointed. Somebody please take their credit card away!