Kevin Gowen wrote:

> I read the article, Eric. The forecast goes beyond 75 years. Also, according
> to the article that $44 trillion is composed of Social Security and Medicare
> costs.

It doesn't matter what it is or when it is. It's a deficit. I don't take out 75
year loans that my descendants have to pay.

> Whew! For a minute, you had me worried.

Why should you not be? You plan not to have children perhaps?

> > It would erode confidence in the US economy or currency, if the US
> > did such as merely print out money, with detrimental effects on the
> > US economy.
>
> Did I ever say anything about the printing of money?

No, but continued and growing deficits would erode confidence in the US economy
or currency with the detrimental effects such as people being less willing to
buy government bonds, anyway.

> > Can you explain why deficit would be a good thing?
>
> I think I have already explained to you the concept of deficit spending.

So in the future the US will be sold off for its owners to pay off the loan and
enjoy the capital gains, if any?