Re: I don't get it
"Or, of course, they could just let the deficit grow; this will push the problem on to the next generation and make it much worse."
This, this right here is all we've ever done, and all we'll ever continue to do. Just check out the debt charts and you can clearly see every and each time the debt "ceiling" was hit, and then subsequently lifted (rinse, repeat). It will not end, until everyone realizes that we print money and the dollar is worth fuck-all.. or we just do what Japan's been doing for the last few years. :-)