Well I was gonna quote myself but that is just inane so I will just add these headlines, and again ask:
IF GM were operating in the
RED to the tune of
95BILLION a MONTH, what would happen to it?
Oh wait, we will never know because they declared bankruptcy when being far less in debt.
We are now at a
TRILLION dollar deficit, not Debt, but deficit. We should be cutting all sorts of programs, not looking for ways to let the government spend even more.
edit: put another way, the debt grows by about $50,000 every second. Figure your annual salary in multiples/fractions of that, and then say this country needs to do anything but go on a serious fiscal diet