In response to:

A Pea Party for the Tea Party

coldfish Wrote: Jan 03, 2013 3:58 PM
I've never balanced my budget. I think my net revenue has grown by over 100k every year for 10 years, and my debt has grown by even more, however, I own a ton of property, and my debt is in mortgages, so does that mean my business is failing? If a private company goes public, and sells off 80% of its value in stock for 100 million, in reality, it has just created a debt of 100 million, but in reality, it has created value from nothing. The US economy, by virtue of it's debt, is maintaining trillions of dollars in "value", no different than paying dividends to stock-holders or interest on a mortgage. Debt isn't "always" a bad thing.

Peas are all the rage when it comes to talking about the country’s fiscal woes.

You might remember that in July of 2011, when fighting over the debt ceiling, president Obama- right before he left for his 17th vacation at Martha’s Vineyard that year- complained about congressional inaction by saying that’s it time for the country “to eat its peas.”

From CBSNews:

"I've been hearing from my Republican friends for some time it is a moral imperative to tackle our debt and deficits in a serious way," Mr. Obama said. "What I've said to them is, let's go."

The president...