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Old 01-05-2013, 11:37 AM   #119
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Quote:
Originally Posted by CLX View Post
Your position is as baseless as you are. Prove one point and I'll concede my point. The costs that are going to be incurred will raise the debt by $4 Trillion over the next few years. that will put our national debt at nearly $20 trillion within the next 4-6 years. How and when will that be paid back?

All you have is that you don't believe the conservative view of what is happening to the U.S. The cause of what is happening is not Obama's fault alone, he's had help over the past 20 or so years.

Tell me how the U.S. will PAY back the debt. We will never have a balanced budget, balanced as revenue in and the budget only spends what that revenue level is. You claim that Clinton had a budget surplus but that is WRONG, to put it in your vernacular. Clintons budget was a deficit budget and all revenue taken in was spent as was a sizable portion of the money borrowed from the Fed.
The U.S. has run deficits almost continuously for the past 100 years, and yet we have always paid back what we've borrowed. Debt levels have fluctuated considerably in that time as well. We will probably always carry some national debt, but that is in now way the same thing as saying we wont pay back what we borrow.
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