heck, a five year old can see the truth of it. You can't spend 40% more than you take in year after year and be headed for anything other than economic collapse.
You know what happens if people stop financing our debt without higher return rates and interest rates go to 7% on our debt? We have to print an extra trillion dollars a year. That huge cash infusion devalues our money and skyrockets costs of goods (especially gas which is sold in dollars).
I'm sure those same economists you claim that don't think we need to limit spending are the same ones who think SS and medicare are solvent.
So your specific problem with Ryan's plan is that it attempts to reduce spending...
and that is a problem because...
BTW, when IS the right time to worry about the deficit? When it reaches 200% of GDP? When bond status is downgraded to junk? Just curious, as your logic is so far beyond my grasp of reality that I really want to know your specific plan to get us fiscally sound.
