How about we simply stop issuing "debt" and just create money as needed? That would mean no Treasury bonds to give incentive to thrift or to secure our net savings in the govt's unit of account, but that is the price we evidently have to pay to overcome the mass case of stupid infecting the population relating to our federal govt and its finances.

Articles such as this only serve our addiction to doom and gloom fear porn that is the basis of our present political and economic systems. They are founded in the falsehood that our money is a "thing" that our govt must extract from us to pay for its programs and expenses, either via taxation or borrowing. The simple truth is that our money is a product of law that is created on demand by Constitutional authority granted to Congress (Article 1: Section 8). It is far more accurate to state that spending "funds" taxation and savings than the opposite.

I'd suggest gaining a basic knowledge of what our money is and how it is created before presenting opinions about how it should be managed.