That's a good point. And basically explains how we got in this mess, to begin with - the voting public are largely idiots, and voted in the smooth-talking idiot, every time. As far as I can tell, the window to turn things around was the late 80's.
Neither was the price of bread at Clintons time . . . . you want to tell us about the numbers , Emperor ? Quote me Hooti...... for he hath me on ignore. .
Have at it.... Im not going to bother gettnig into one of these debates with Ricter/Krugman again, about how debt doesnt matter, it has been done to death already. Krugman is a clown, and Ricter refuses to accept it.....
I'll let achilles28 have a pass at Ricter before I enter the fray and address the question how national debt affects the citizens of said country.
I'll answer that with a question. How does racking up 20 grand on a credit card, make your life worse?