<p>Golani, I have linked to the article about the Government Accounting Office twice now here, and I have brought it up several times in posts I’ve made to you. Are you really only now just noticing?</p>
<p>The debt has increased by nearly a trillion dollars in the last 14 months alone.</p>
<p>I think you are confusing debt with deficit. The fact that you don’t know the difference is pretty telling. Even more telling than the fact that you think that homelessness isn’t an economic problem.</p>
<p>At any rate, it’s kind of pointless to argue about the economics of the war with you. I can’t expect you to understand the long term consequences of the national debt, if you don’t even know what the debt is, or how it differs from the deficit, and seem disinclined to learn.</p>
<p>I know the difference between the two and I am doing other work right now and am not really reading carefully considering I missed that link twice. I genuinely thaught you were talking about the budget deficit.</p>
<p>As for the debt, that is not really an excellent indicator of the economy, considering those countries need to give us money as much as we need it from them</p>
<p>“As for the debt, that is not really an excellent indicator of the economy, considering those countries need to give us money as much as we need it from them”</p>
<p>:) :)</p>
<p>You’re kidding, right?</p>
<p>Golani, at this point it’s pretty clear that you want America in Iraq for reasons of your own, no matter what the consequences to America are–and that you will say anything to support that position, whether it has a factual basis or not. </p>
<p>At some point, we aren’t going to be able to keep up with the interest payments on our debt, and you can rest assured that the countries who are profitting from our borrowing spree will find another sucker.</p>
<p>No, I am not. We have had this debt for a very long time, and it has never really negatively impacted America’s economy. GDP, unemployment, inflation, prices, and wages are much better indicators During the great depression america was not in debt and look how that turned out.</p>
<p>Again, you are showing a shocking lack of information, or a shocking level of disingenuousness. One third of the national debt, trillions of dollars, has been run up in the six years of Bush’s term of office alone. </p>
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<p>So if a plane’s never been hijacked, that means none ever will, right? </p>
<p>If we don’t stop the borrowing spree, within as little as 20 years, economists project that the interest payments alone will be more than the federal government collects in taxes. Of course this will have an effect on the economy.</p>
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<p>Again, you’re just making things up. This is what really happened:</p>
:)</p>