Originally Posted by
98CoupeV6
No one pays the national debt. We don't have to. Would you pay off your credit cards if it didn't affect your credit not to? I sure as hell wouldn't. The USG will give you your money whenever you want, but they owe a loooooot of people and countries money.
The only thing that would pay the national debt is a planned contraction in the money supply or a budget surplus...neither will happen for a looooong time.
Okay, you first. Call the government and tell them you don't want them to pay back your bonds.
We pay interest on the national debt annually. It's part of the budget.
AND a large portion of the national debt is owed to the Social Security Trust Fund. If we never pay the deficit back, how do you propose we pay people their benefits?