Money gained during these favorable economic times, in conjunction with small fixed period SPLOST type taxes, should be pushed exclusively towards deficit reduction.
The recent debate over raising the national debt ceiling and trying to get some type of a grip on the ever growing federal deficit has put all major federal spending programs under the microscope.
These people see the federal budget deficit, the huge debt burden and the risk of a stagflation-type environment of low growth and high inflation, and cannot understand how investors could be piling into bonds.