|
|
|
|
|
by perl4ever
3105 days ago
|
|
It's mathematically impossible to pay back a "deficit" in general I think, once the time period in which it occurred is over. But more to the point, the deficit and the debt are important despite the fact that the debt is not expected or desired to be paid off. In order to maintain our way of life, the growth of the debt needs to approximate the growth of the economy in the long run, and be reduced if it overshoots. This is a concept I rather think some conservatives have given lip service to in the past. Are you one of the "fiscally responsible conservatives" I used to read about? The idea that there is a middle ground between hyperinflation and paying the debt off isn't terribly difficult, I would've thought. |
|