For the umpteenth time: the U.S. CANNOT become Greece!!

How many times do we have to hear this crap from know-nothing, lazy, journalists or right wing ideologues?

Here's yet another moron, some dude named Michael D. Tanner (mtanner@cato.org, Twitter) of--where else--the Cato Institute--who who wrote this column in the rag sheet, NY Post, today, saying that we'd better be careful, because the U.S. can become the next Greece.

Most Americans look at the rerun of the Greek euro crisis with something between smug amusement and condescending disapproval. When will those profligate Greeks get their economic house in order and stop looking to others to bail them out?

But, should people living in glass economic houses really throw stones?
After all, just like Greece, the United States government has been living beyond its means, running up an enormous debt that will eventually need to be repaid.

Nothing...NOTHING...in this article that explains the MASSIVE distinction between the U.S. and Greece, the former being a currency issuer and the latter being a currency USER.

There is not one single example in all of history of a currency issuing nation that has all its debts denominated in that currency and where the currency floats freely, that was forced to involuntarily default. NONE.

Any claims to the contrary are either pure ignorance, vicious dogma or, an intentional effort to deceive or incite fear.

It's crap.