re: #142 imp_62

I see you know your economics.

Of course I know they aren’t the same thing. I simplify it greatly to make a comparison that most people will understand, because a lot of people don’t understand macroeconomics or specifically sovereign debt. I understand that national debt isn’t some magical wishing well; I’d prefer if our debt never exceeded 100% of annual GDP for safe measure, but if we exceed that it’s not the end of the world. I’m not advocating that debt is endless and we can keep on piling it on, just that national debt is not the end of the world, the point we’re at right now isn’t, if we don’t reduce it until a several years from now also isn’t, and for Republicans to say it is, and then threaten to not raise the debt ceiling which pretty much IS the end of the world, is blatantly stupid and doesn’t take that much knowledge of economics to know that.