by biliruben » Fri Feb 06, 2009 5:38 am
No sweat, Tim. I can certainly see that, though that isn't what I meant. I was just giving what I thought was a light-hearted push to use more credible links, mainly because I'm generally too busy or lazy to read the primary source.
As for the meat of the article - yes, our debt will be somewhat of a burden in the future, but this misses the other side of the story, which is we are quite possibly on the brink of another great depression. Our economic and financial engine is sputtering, and without keeping it wet with a bit of government diesel, we may well be is some serious, serious shiznet. I don't know if you've tried to get a car going after running out of gas. It can sometimes be really, really hard. You tend to wish you'd borrowed that 10 bucks to make it through death valley, as you walk along with a gas can in 120 degree heat.