Can We Repay the Debt?

Currently there are passionate calls for drastic action to make draconian reductions to the National Debt.  We have heard these calls since the recession began.  The reasoning appears sound on the surface, drastically reduce the debt prior to catastrophe.  Interestingly the countries that followed these tactics in 2008 have not yet equaled the growth of the US economy.  Their GDP has struggled and their debt has not improved, and their economy has suffered.  Eventually these countries emulated the stimulus that has slowly improved our situation.  One can simply look at Japan to see a debt load that reached 250% of GDP, before they began an effort to stimulate the economy. 

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