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If the people who are paying the government's bills have to balance their budgets, shouldn't the government?
Hell yea they should
That's not then way businesses run. Don't we want the government to be more like the private sector?
Businesses deep into their credit lines are not healthy. It leads to catastrophe many times.
Businesses can run significant debt if their valuation supports it. This clearly qualifies. America is the biggest business in history, and they're not even allowed to run a profit.
Why was your opinion different when Bush had 9 trillion in debt?
The fiscally healthy people and businesses at least break even. The really healthy ones have cash on hand to make purchases and/or to pay for projects.
You would think.
That's an interesting theory, but fat chance of being followed
It has happened a few times in history. It is possible. If Clinton and a republican congress can do it why shouldn't others?
If a person or business is as irresponsible as the government they won't survive long.
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