Quote:
Originally Posted by mwruckman
When you are like the moron pictured in the OP you seem to forget something. If you assume we are not going to see a single cent of economic growth (a poor assumption) , this country will generate 1125 Trillion dollars in good and services in the next 75 years. If we have the same growth we have had over all of American history (betweeen 1.5 and 2.5 %) we may be looking at 2500 to 3000 Trillion dollars (current dollars ).
So these obligations you seen to be so afraid of are only about 10 % of our likely wealth. I think we can afford it unless you doubt our optimism and spirit. Our ancestors weren't wusses like the current GOP, are people like the OP wanting to claim the all American wuss title.
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Did you calculate the almost 19 TRILLION we are CURRENTLY in DEBT for?
Try your example in trying for a mortgage.
I can see it now, "Hello Mr. Banker, I only make $50,000 a year now so I want to borrow a million. I expect to get a raise every year from now until the 30 year mortgage is paid off.
Banker, " How do you know you will get those raises?"
You, "Well I got them in the past".
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