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.

The choice is between reforming a system that has been the
greatest engine of prosperity ever devised or allowing it to be revamped
by political measures and the pressures of an angry public. –– capitalist homily

Strategic thinkers, keepers, even more, guiders of our light, tell us that we should continue to believe; after all, they run the “greatest engine of prosperity ever.” They think that the structure of a third party (money) is the key to production. Maybe. They also consider, and offer by example, the lower cost of toasters in america, vis-a-vis 1970. Your toaster takes less time to buy now than in any other time in history.

Say this to yourself as you hear their homily: “The Mississippi is the biggest producer of silt in america.” or “The Clydesdale makes the greatest pile of crap in the stable. Be certain of those two facts as you slip in the mud or shovel up the shit. It is much cheaper to do these days than it was. Console yourself with this:

they will always need someone to open their door and mop their floor.

Much better than before.