What If We Paid Off The Debt? The Secret Government Report : Planet Money : NPR
One has to ask, "what has happened since the year 2000 to change the fortunes of the United States so dramatically?" Could it be two wars financed off the books, two tax cuts-same thing, a medicare-D benefit with no revenue stream? Hmmmm.
You really should read the link posted above to get a picture of what happened and how quickly it went south.
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