On Thu, Nov 8, 2012 at 11:48 AM, kirby urner <email@example.com> wrote: ... > The fact that Uncle Sam is already the world's largest single most > indebted institution in absolute dollar terms has already changed the > tune of eligible voters such as Mitt Romney, who now credits Big Bird > / NPR to China et al. > > Voters understand that creditors enable US discretionary spending (the > anemic IRS can't even cover mandatory spending per that chart). > ... >> Therefore I'd say that it would better to try to appeal to potential >> voters rather than creditors. (Uncle Sam does not care who buys the >> securities in question, just as long as someone somewhere buys them at >> lower interest rates. And so there is no real potential leverage there >> from creditors who already bought the stuff.) > > I think USAers traveling abroad get a pretty good sense of how they're > perceived. Big change since after WW2. A lot of them try to pretend > they're from Canada, to avoid the stigma. > > Kirby
I really don't know what it is you are trying to argue. Are you trying to negate what I said as to how we could get the national debt to start coming down as a percentage of GDP without having to give up social spending? What?