Dave, I'm truly sorry for using that word. Clearly, it greatly overstated what I was trying to say, and gave insult, which is never my intention, especially with people I admire and appreciate, which your writing (and other interactions) includes you.

What I *should* have written was that using absolute dollars for measuring debt, and then using revenues in percentage of GDP will likely greatly increase the emotional impact, beyond what is already a fairly frightening situation.

$34 trillion in debt is such a huge amount that it boggles the mind. However, if the US GDP were $68 trillion, that level of debt in dollars would translate to 50% of GDP, which isn't an urgent issue. Whereas its actual level, at 125% is a very urgent issue.

Beyond that, which I believe I characterized as a minor quibble, I want arguing with any of your assertions.

Returning to the miserable word choice, I hope you'll accept my sincere apologies.