We don’t have a debt crisis, and never did... To be fair, there - TopicsExpress

We don’t have a debt crisis, and never did... To be fair, there has been some real good news about the long-run fiscal prospect, mainly from health care. But it’s hard to escape the sense that debt panic was promoted because it served a political purpose — that many people were pushing the notion of a debt crisis as a way to attack Social Security and Medicare. And they did immense damage along the way, diverting the nation’s attention from its real problems — crippling unemployment, deteriorating infrastructure and more — for years on end. [I agree. The underlying reason being that Tea Party billionaires dont want to be taxed, even though breaking up their wealth alone would serve the public good, let alone the benefits of funding education and infrastructure.]