The National Debt

Ned has read that a darling of the "Tea Partiers", extraterrestrial eye doctor and Ayn Rand worshiper "Rand" Paul has declared that the most important problem facing this country is the-- wait for it-- not unemployment, not political corruption, not climate change, not moral decay, not tooth decay, not hair spray, not even manta rays, or even lines at the Post Office, but "the national debt."
Now, Ned knows about as much about the ins and outs of the national debt as most reasonably educated humans, meaning not much, but he does know one thing: if something is in big demand from foreigners and the filthy sneering rich in this country as well, it can't be much of a problem. Now take the National Debt. It looks big, as does the deficit. But if one compares, say, the deficit to that of, say, 1865, which was three TIMES federal revenue, it doesn't look that serious, especially with many millions of people unemployed, and 11 million illegal immigrants waiting to take any available job they can get at starvation wages.
Nor does the debt loom bad when you consider how much the gummint has to pay in interest each year to keep it going: 10-year Treasuries are paying 2.5%. This means, for those who are mathematically-challenged, we pay $25 billion a year for each TRILLION in debt. So, if we have a $13 trillion debt, most due to the policies of Bush I and II, and, oh yes, Ronald Reagan, we pay $325 billion a year in interest, most of which goes to rich sneering plutocrats in this country, japan and the UK. Now, if we wish to address the deficit in part caused by these interest payments, we could try CUTTING WAR SPENDING, WHICH IS RUNNING AT AN OBSCENE $800 BILLION A YEAR.
One thing Ned recalls is a lecture by distinguished economist (and there aren't many of them) Robert Heilbroner (sp?) who said that if we didn't have a National Debt we'd have to invent one, because people have to have an absolutely safe place to park their money. So the very plutocrats who make up the sneering rich, and their lickspittle sycophants in the Republican Party would be aghast if there was no National Debt.
So, please, "Rand" Paul and all other mental midgets and self-styled "libertarians", do your logic homework, and have the goodness to stop "off" to kiss Ned's a** when you leave.
And please don't slam the door as you slither out.