Posted by docmirror on March 20, 2018 at 17:43:30 from (107.213.165.255):
In Reply to: $21 Trillion in debt posted by Hay hay hay on March 20, 2018 at 14:47:28:
Selling assets that belong to the PEOPLE(land) to pay debts is ridiculous. The concept of govt owned land, being sold to private parties goes back to monarchy times, and before. That's what we fought to get rid of!
As for the debt, there's plenty of blame to go around. Most voters can't think beyond next month's rent payment. The idea of a govt default isn't even on the radar. Until it is. We - will - default. Projections at this point are around 2033, or if things continue to get worse, 2028-ish. Short answer - we've got 10-15 years to solve our debt that has been growing for more than 40 years.
Salad days for those who are spending today, is going to be penury for our kids. They should be rising up in indignation and cutting us old folks off now.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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