Quote Originally Posted by .blank cd View Post
Because paying it down doesn't do much for the economy. Not paying it would just ruin our credit rating. Clearing the debt without significant growth would probably do a lot worse, and wiping out the deficit without growth would probably do the same thing. We do a pretty good job keeping it in check. The incredibly intricate balancing act we call expansionary fiscal and monetary policy is working.
This is laughable.

Our fiscal and monetary policy is creating a new bubble and will eventually burst and lead to massive inflation and a massive rise in interest rates. On top of that, all the govt spending and all the money the fed is dumping into the system, we can still only manage sub 2% growth?