Graphic wiz Jess Bachman takes a crack a deciphering the Fiscal Cliff:
Category: Digital Media, Politics, Think Tank
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
The US cannot “face a debt crisis similar to some European nations.” As an issuer of its own currency, the US can always pay its debts.
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|_ Animal Spirits will fix ALL without insurance or taxes*
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* plan accordingly
Over the “cliff” the bloated military is going “down” to half a trillion bucks a year.
To match the Germans the military industry complex should go down to two twelths of a trillion bucks a year.
The US hasd been borrowing trillions for a navy which is a “global force for good” (according the the recruiting ad on the Eagles game) which has nothing to do with the US constitution nor defending the “general welfare” which is being plundered by the military industry complex.
Let the cliff happen!
@jbhughes
This kind of thinking (i.e. US can always pay its debts) is the kind of
arrogance that will eventually sink the US.
The US can only pay its debts if others accept its currency.
There is nothing sacred about the US$….its day can (and just may) come, I am afraid.
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BR: Let us know when that will be . . .