When Debt Matters

The national debt only matters when you don’t have national power.

To the party that is out, it has become a key tactic to complain about debt, to use the household, or business assumption that bills must be paid. Simple arithmetic, that simplifies, that reduces all equations to something like, income must be greater than expense.

If this were the case in real life, real business, then no business would grow. Expense is not debt. And in the case of a country, the United States, this is false arithmetic. The wrong number system, and poor understanding of the power of the world’s common denominator means our debt is not our destruction. Not unless we make it one. If we flagellate ourselves into submission, then, and only then, it is our death. Don’t become your own whipping boy.