The "National Debt" is not a problem.

Wait, did you not say that the national debt is not a problem at all? If this is the case, it does not matter if the debt is $1 or $1,000T. Let the spending begin. Of course you find this absurd, because you know you are wrong about the government borrowing being a problem. You remind me of the fools who argue that the minimum wage does not impact the labor market at all, which anyone who has taken Econ 101 knows is a lie, and yet object to then raising it to $100/hour. You cannot have it both ways. But then again, liberals do live in the world where cognitive dissonance is a virtue. 1) And it is very possible for the government to default. When interest payments on the debt exceed the political will to tax, the government will default. You solution of printing more money will cause hyper inflation, which destroys the economy and causes bond rates to skyrocket, which compounds, not solves the problem. 2) Yes, bonds are safe, because of the power to tax, not print money, but then comes default. And are you seriously denying the national debt is debt? ROFL Where is Mr. Orwell when you need him? BTW, China is using their massive trade surplus of dollars to invest all over the world to eventually become the preeminent economy. When this happens, their currency will replace ours as the world reserve and then you will find U.S. bonds worthless. This is why China has threated to sell all of their bond and cease being our number 1 creditor. Your short term thinking is killing this country. 3) And no, the private sector does not have a surplus because they are either investing their profits or paying them out as dividends. By wanting to tax companies (and individuals) more to pay for your debt service, you are taking money away from them to invest or pay dividends, hurting everyone. And the private sector handles debt very well, for their incentives are not as perverse as governments. Private companies use debt to improve their/offer new products. Government uses debt to buy votes, especially of the lower classes. The private companies would give them jobs. Government gives them freebies. 4) And yes, when the government taxes people, it takes money away from them that they could invest. By the government competing for investment dollars it takes away those investment dollars from private citizens. You need to know how these work before you make a fool of yourself in these debates. Your claim that the economy would collapse without government is absurd, which is why you offered no proof. Sorry, but Commie economics died a long time ago, at least for those of us living in the real world. 5) I know this will blow your mind, but every dollar the government takes from a company or an individual is a dollar the private sector does not have to spend. You get this right? Let me do the math for you, if you gross pay is $5K per month, but only $3.5K after taxes, do you have $5K to spend of $3.5K to spend? 6) The private sector is amazing at creating growth, which is why they government should get out of their way. And no, the private sector needs to be left alone, not given corporate welfare, which forces citizens to buy products they do not want from entitles they do not want to do business with. This is slavery. No thank you. BTW, recessions are caused by government interference in the market, not free people engaged in private trade. 7) The national debt is a government liability that must be paid back. I prefer to spend my money as I see fit. Thanks anyway.