Nobody is putting the United States in jail. We are the greatest Empire in the history of the Earth, the most powerful nation to ever exist on this planet.
I never said anyone was putting the U.S. in jail you illiterate dolt. I said "most people" would be put in jail for printing money like the U.S. does.
We can borrow what we want when we want it.
No we can't. Not at the expense of our economy. Not at the expense of the value of our currency.
And, as you rightly note, we can print more money, and nobody can stop us (so long as the price of oil is ties to the U.S. dollar). They're almost all dependent upon us. I don't see the problem, here
Of couse you don't see a problem. You're a tax and spend Keynesian economics Libtard whose answer to everything is borrow and print more consequences be dammed.
Our debt to GDP ratio is at about the same level it was during WWII.
We're not fighting a World War right now. If we were then it would be ok.
Having that kind of debt ratios is dangerous and unless we put it in check RIGHT NOW it's soon to exceed our GDP.
I am not terribly worried about this.
Of course you're not...you're working in the La-la land of D.C. for a Libtard Congress critter.
Some are.
A LOT of people are. They are the people out ther struggling under increased taxes and regulations foisted on us by out of touch Libs like you...who neither pay nor feel any of the consequences for your actions.
Here's your link, and there are a lot more: http://www.realclearpolitics.com/2013/03/24/cheney_was_right_deficits_don039t_matter_304471.html
He was quoting Reagan TO Paul O'Neill the SecTreas you obtuse jackass. Should have know a Lib couldn't get the meaning of something corect.
And the ENTIRE quote from Reagan was "deficits don't matter as long as the proceeds were used for tax cuts that were supposed to stimulate savings and investment."
You fail...again.
You are kidding, right? Most people I know borrow for a house and a car because they can't pay for those things when they need them. I see no difference between that behavior and that of the federal government of the United States.
Of course you don't hell you and your tax and spend Keynesian economics Libtard friends think piling on mounds of debt is just peachy keen.
We borrow, and we have for most of our history.
No WE haven't. That is factually and historically a lie.
Sorry, the "shrug" icon is one of my favorites, but I didn't see it as an available option here. If there is one here, I'll use it.
-Laelth
If you like it so much...
<------- DU is that way