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View Diary: Open thread for night owls: Tough talk you won't hear in the debates. Where's climate change? (203 comments)

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  •  The fiscal debate is just gibberish. (8+ / 0-)

    It's like laying off a couple of employees and returning product to your distributors so you can prepay the mortgage on your business' building. Nobody's asking us to pay off this debt. We still have willing lenders. But instead of using the money they're willing to lend us so we can grow our economy (which is necessary to actually pay the debt), we're going to cut back on productive investments, meaning we'll be even less able to pay the debt.

    Check out the debt spiral Greece has been sent into, or the self-imposed British recession if this isn't quite clear.

    "The Democratic Party is not our friend: it is the only party we can negotiate with."

    by 2020adam on Mon Oct 01, 2012 at 09:30:41 PM PDT

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