All
the Wall Street pundits and economists want us to think that debts and
deficits aren't a bad thing; however, they never point out that the ONLY
reason we have debts and deficits is because for over one-hundred years
the U.S. government has sought a way to fund war after war.
No one is supposed to ask what we are buying with these debts and deficits.
Why not?
Because to admit that the only thing we are purchasing is preparation
for wars and wars would be unacceptable to most people in this country
so these politicians keep talking about debts and deficits as if they
are not related to anything although we are told the government couldn't
get along without either.
Of course they never point out, either, that we pay the interest on these debts and deficits from which Wall Street bankers make a hefty profit.