This reminds me of Orwell's Double-Speak. Using the word "deficit" in order to focus public attention away from the "debt". Unfortunately the average citizen is so illiterate as to think that the words mean the same thing.
DEBT is the amount that We The People owe to our creditors. This is the amount on which we pay interest. This is also the amount that is growing at an exponential and unsustainable rate.
DEFICIT is the amount that the debt increases.
The math is simple. Until the deficit is totally "eliminated" we will not have spent even one dime towards reducing the debt.
So why is everyone talking about only "reducing" the deficit as opposed to eliminating it?
I know it's a radical idea, but shouldn't we be focused on eliminating the deficit as quickly as possible so we can then begin to reduce the debt.
I think it's completely outrageous that about 52% of all the money spent by the government is "borrowed money". If you or I had a spending habit like that it wouldn't take long before our creditors would shut us down and force us into bankruptcy. I believe that Congress has the duty to reduce the debt and find a way to live within its means. If that means cuts to "favorite" programs, then so be it! The cuts, no matter how severe, would certainly be less painful than bankruptcy. So let's get started making the cuts!
Of course, the media is aiding and abetting the problem by not pointing out the error in the words being used. Supposedly, the media people are literate and should know the difference between debt and deficit.
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