Saint Paul Has Today's Must Read, "Nobody Understands Debt"

...when people in D.C. talk about deficits and debt, by and large they have no idea what they’re talking about — and the people who talk the most understand the least.

I personally would say this a bit differently because it's rather obvious that anyone who says deficits are our biggest problem is just plain lying. Still, you should read Paul Krugman's piece that lays it all out plain and simple: Krugman