Paying off our debt is easily done, if/when the economy pulls out of the tank. Want to know what impacts our credit (and, thus, our ability to recover)? Not being able to pay our debt. Want to know the biggest threat right now to not paying our debt? Republicans saying they're going to not let the government pay our debt.
(h/t +Roger Burgess)
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Why public debt is not like credit card debt
The idea that the debt inflicts a burden on our grandchildren and depresses their standard of living has it backward. What is destroying their prospects is our failure to generate a recovery with dece…
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