This topic is about information related to the U.S. deficit and the National Debt. This is an area that NetAdvisor.org has covered in great depth due to the long term risks to the U.S. economy. Every tax payer and U.S. resident should be aware of the risks and implications of the U.S. deficit and National Debt.
Paranoia and Doomsday Used to Argue More Government Debt
Washington DC. Just as we figured, government is trying to use the media to scare people in convincing that we just have to increase the deficit “or else.” In our January 2011 article, The Great Train Wreck, we discussed the “fear trade” on how “U.S. soldiers will not get paid” and “Social Security recipients won’t get their monthly checks ” if we just don’t increase the deficit to avoid a government shutdown. Read More…