Do our leaders know that the deficit is NOT unsustainable?

[MadHound]

24. Sooner or later the debt has to be addressed, that is a fact.

However that time is not now, not with our economy in such a fragile recovery(if you can even call it a recovery). Obsessing on the debt, to the point where the government is imposing austerity programs, is going to crash what is left of our economy. What needs to be done now, especially with the cost of borrowing so low, is to institute a serious WPA type stimulus, something on the order of a trillion dollars. It would put people to work, and upgrade our infrastructure(an investment in the future that needs to be made if we want to remain competitive globally). As more people are put to work, the economy will start to grow, and revenues will come in and we can pay our way, grow our way out of our debt.

Do our so called leaders know this, certainly, it is basic Econ 101. But our government is basically bought and paid for by corporate America, and corporate America wants an economic crash, because they view that as a buying opportunity. Furthermore, corporate America wants a slack labor market, because that means that with people desperate for jobs, they can pay a pittance to their employees, who are just grateful to have a job, no matter the pay. This keeps labor costs low and profits high.