I think that high taxes is a much more responsible fiscal policy than indefinite debt and thus indefinite interest, but I think that debt is not an insurmountable problem for a government making essential investments in the long term economic stability of the country. Only when a country like Greece can't value their own currency AND can't ensure the long-term stability of their ability to continue paying their debts is there an issue - the U.S. faces neither of those issues.
__________________
not really back, you didn't see me, i was never here shhhhhh
|