That day is when the principal on the debt is due in full, which is some unknown day during the lifetime of the last generation of Americans. Most of it will be payable to... the last generation of Americans.Quote from Grandluxe:
The day of debt reckoning, dumbass.
It was just a year or so ago that Bob Beckel and other liberals were given a talking point that the size of the debt doesn't matter. Many of them kept repeating this line for about a month before they figured out that it was not well received and everyone dropped repeating it.Quote from Lucrum:
I do not get how anyone could actually think that continuing our current deficit spending is somehow a good thing.
Quote from PHOENIX TRADING:
Why is it liberals think ALL TRENDS continue unabated ad infinitum without punctuation, pause or self limiting constraints?
ex, economics, global whining
It's truly a sophomoric if not a childish expectation.