CONGRESS IS RUNNING A CON GAME ON THE AMERICAN PEOPLE. THEY CANNOT SOLVE THE DEFICIT PROBLEM.
Once you artificially inflate and economy over a period of decades there is no way to pay for it without causing a default based depression. I'm sure certain members of congress and mr. Bernanke know what i'm talking about!
I knew the Repukes were poosies all along... ;-) I knew they hadn't the balls to do what it took to inflict maximum damage on Obama... ;-) All of them ... ;-) ...just panty waste... ;-) the lot of them... ;-) ... bwahahaha.... ;-)
I heard that default is favored over paying down/paying off, as the printing continues...
And is that a flotilla of Chinese Junks moving toward CA at a leisurely speed? When they demand the entire state of California as collateral until they have been paid back every Yuan (converted) lent to us, you can be sure a Depression will be a more attractive alternative to an invasion and occupation.
Revenue brought in through increased taxes 150-200B per year. Expenses for US-1Trillion added to national Debt per year. -800B added to Debt every year. Fuzzy math. Kind of like the Titanic with 4000 passengers and 10 lifeboats.