The seriousness with which the Democrats and Republicans are facing our deficit problem is akin to Thelma and Louise arguing over which song to play.
For 2011, the U.S. government borrowed $1.27 trillion. In 2012, it borrowed another $1.1 trillion, bringing its total debt to $16 trillion ($20 trillion by 2020).
No, the government cannot print its way out of borrowed money. And, no, we do not just owe this money to ourselves. Both the blame game and no-new-taxes Grover Norquist need to be gone.