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Where Is the Exit?Posted on Apr 16, 2011Luojie, Cagle Cartoons, China Daily, China
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By JC, April 17, 2011 at 7:05 am Link to this comment
(Unregistered commenter)
Our debt is so big that there is nothing our political
actors can do about it?
I don’t think so. Our debt has been higher in real
dollars before. We raised taxes. It went down.
Our debt is going to swallow us whole?
Report thisI don’t think so. Most of our debt is still owned by US
citizens and organizations. The government’s debt is
OUR investment. Our government will only collapse when
we give up on it.