re: "The debt has NEVER shrunk, ever."
Thankfully, that's not true. If the debt had never shrunk, we'd have liberals arguing that it CANNOT ever shrink, ever!
The following public debt table shows that the debt fell in the 1800s, 1820s, 1870s, 1880s and 1920s. In the 1830s, Andrew Jackson actually paid it off!
Notably, it didn't shrink under Bill Clinton.
09/30/2010 $13,561,623,030,891.78
09/30/2000 $5,674,178,209,886.86
09/28/1990 $3,233,313,451,777.25
12/31/1980 $930,210,000,000.00
12/31/1970 $389,158,403,690.26
12/30/1960 $290,216,815,241.68
06/30/1950 $257,357,352,351.04
06/29/1940 $42,967,531,037.68
06/30/1930 $16,185,309,831.43
07/01/1920 $25,952,456,406.16
07/01/1910 $2,652,665,838.04
07/01/1900 $2,136,961,091.67
07/01/1890 $1,552,140,204.73
07/01/1880 $2,120,415,370.63
07/01/1870 $2,480,672,427.81
07/01/1860 $64,842,287.88
07/01/1850 $63,452,773.55
01/01/1840 $3,573,343.82
01/01/1830 $48,565,406.50
01/01/1820 $91,015,566.15
01/01/1810 $53,173,217.52
01/01/1800 $82,976,294.35
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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