re: #216 aagcobb

Fuck the IMF. We don’t have a debt crisis, Congress could solve the “problem” simply by doing nothing.

First, the whole “do nothing” plan is out the window. The president is going to give his vision for reducing the debt later today.

Second, Slate does a nice job of cherry-picking numbers and conflating debt with deficit. According to the CBO our debt will reach almost 70% of GDP at the end of the decade and even with the “extreme cuts” in the Ryan plan the debt still goes up.