Originally posted by mchill
How much economics have you studied?
I have a BA In economics Mr. smart mouth, I hope that's sufficient for you, and 2 Trillion dollars of national debt is NOT healthy. America is paying billions in interest on this debt to other countries. Billions that America cannot afford. This is not a trivial matter.
Which university granted you that? You don't seem to know any economics. Your OP appears to confuse debt with deficit for example.
I hope that's sufficient for you, and 2 Trillion dollars of national debt is NOT healthy.
On what basis? Do you have any argument as to why it is not healthy? Or are you just scared of big numbers?
America is paying billions in interest on this debt to other countries.
Is it? Which countries in particular?
What did it use the 2 Trillion dollars for? Was it a good investment?
Do you have a mortgage? Are mortgages bad? If so why, if not why.
Billions that America cannot afford.
How do you know what America can or cannot afford? What do you base your conclusion on?
This is not a trivial matter.
Of course it isn't trivial. But your conclusions are false. And despite it not being a trivial matter, you are treating it like one. You couldn't even be bothered to look up the right figure. KazetNagorra says you are out by a factor of 10.