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You are preaching to the choir. Oh yes, I comprehend the situation. I once wrote a mini-article about the national debt for a foundation:If $1000 dollar bills still existed, a million dollars would be a pile just several inches tall. Daily expenditures were as tall as the Washington monument. I calculated the national debt would be a pile 916 miles tall at that time (a few years ago). Or roughly the distance from Orlando to Washington DC. Of course that has no economic significance, but it does illustrate to the ignorant just how much spending and debt we had at that time. I'm more of a pragmatist than you. Rothbard's Libertarian utopia would have a 1 in a billion chance in selling it to congress. As I said, the idea of forcing a balanced budget with an X% excess is still necessary in any case and has only a 1 in a thousand chance. Maybe.
You are preaching to the choir. Oh yes, I comprehend the situation. I once wrote a mini-article about the national debt for a foundation:
If $1000 dollar bills still existed, a million dollars would be a pile just several inches tall. Daily expenditures were as tall as the Washington monument. I calculated the national debt would be a pile 916 miles tall at that time (a few years ago). Or roughly the distance from Orlando to Washington DC. Of course that has no economic significance, but it does illustrate to the ignorant just how much spending and debt we had at that time.
I'm more of a pragmatist than you. Rothbard's Libertarian utopia would have a 1 in a billion chance in selling it to congress. As I said, the idea of forcing a balanced budget with an X% excess is still necessary in any case and has only a 1 in a thousand chance. Maybe.