I personally think paying back debts is a good thing but I do see your point that it will take a long time. I don't know enough to say for sure either way.
The two big questions I have is what kind of burden the debt will place on our economy while we pay it off. While the other is how devastated will our economy be if we simply welsh on it.
And repay 20 trillion dollars in the process? That would take 100 years. The interest alone is like 600 billion a year.
I personally think paying back debts is a good thing but I do see your point that it will take a long time. I don't know enough to say for sure either way.
The two big questions I have is what kind of burden the debt will place on our economy while we pay it off. While the other is how devastated will our economy be if we simply welsh on it.