Originally Posted by mynameisjim

This whole debate on whether or not our entire system is sustainable is just stupid, as is that article.

If we kept the Clinton tax rate for the last decade and didn't start two pointless and endless wars, our deficit would be totally within acceptable margins. Add in the fact that if the banking industry wasn't allowed to sell phony loans 20 times over until the entire world economy collapsed, unemployment would be around 6%.

The system is totally sustainable, it's just that a few idiots made some insanely stupid decisions and fucked everything up. It doesn't mean you ditch the whole system.

In politics, everyone has their own version of the facts but those are the real facts. Two of the longest wars in American history, unnecessary tax cuts, and an unchecked financial industry are the reasons the deficit is so large. It really is that simple.