Quote:
Originally Posted by Yahwe
without considering the economic context these sorts of figures are meaningless: a debt of 1$ is ludicrous if you can't afford the repayments, a debt of 10,000,000,000,000,000$ is not ludicrous provided you can make the interest repayments and whittle down the loan
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I know very little about US politics, but from a common sense point of view what president is going to spend large parts of their budget on paying off debts when they could be spending it on whatever their priorities are, be they military or social services etc?