The National Debt Disaster and other myths

The Skeptical Optimist explains how the politicians are using our ignorance of government finance to scare us into voting for them.

The national debt will be a crushing burden on our children and grandchildren.
... Financial doomsday will be inevitable, unless we elect fill-in-the-blank to save us from that disaster.

But debt doomsday is a myth.


Check out the rest of his site for interesting info like Farm Subsidies in Manhattan and why Porkbusting for its own sake may not be the best thing to do......