Contributors

Tuesday, November 12, 2013

Simply Wrong

For the most part, I think it's best to not use comparisons to slavery in this day and age. But if you are Sarah Palin and want to get attention, then I guess it's OK!




Ignoring the obvious offensiveness of the statement, it's simply wrong as I have demonstrated just recently. Our debt is not entirely owned by the Chinese. For the most part, it's money we owe ourselves and it isn't that big of a problem.

Conservatives like to talk about how it's all "simple math" yet they completely ignore our assets as a country (hundreds of trillions of dollars), our economy ($17 trillion and growing), and our very steady revenue stream (just south of $6 trillion a year). Their irrational screeds about spending sound more and more like sermons and proselytizing and less like actual facts. Of course, Sarah Palin can best be summed up like this...


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