Question? If I owe $20 and I have $40 why do I not just pay the $20 and have no debt?
Now if was a country and could be debt free by paying my debt, then why not? Yes, we would have to be careful about spending until all taxes are accounted for, but if households have to balance why not a Government?
Debt a +/-?
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Published by James Argroves
Retired military-tours of 8 years Army, 12 years Navy- followed by Government contract work in the Tech/Engineering field, followed by over-the-road owner/operator semi service. Fully retired in 2007, cancer 2009 and following treatments 8.8 years clear.
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