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Getting out of debt — an amazing idea to behold

Regular contributer IMarvinTPA posted over at his LiveJournal an intriguing calculation in a post titled How to scale our national debt to something people understand. He makes the assumption that we could rip the national debt to $0 in less than 4 years — if we got rid of every budgetary line item except for the IRS for collections. Imagine the savings over your lifetime, the lifetimes of your children and their children, if this debt was paid off.

But it isn’t the debt problem that really would be the amazing part — imagine society without the impact of the Federal government destroying 40% of the wealth of the nation. I can envision it right now.

Read this entire article at the anarcho-capitalism site.