This is not a political debate, this is a question,
How can people feel comfortable with this number as our national debt? And with no real plan to ever pay it down, only to ever increase.
This is a question I can not wrap my head around. I can't help but entertain the idea that by the time I'm an old man, America will be dead.
Forclosed on. A part of another, or many other countries who have all cashed in on what's theirs. What flag will we be saluting in 30 years? I'll be 58 years old then.
What can be done aside from pointing fingers. I don't know all the history, I don't know all the politics, but I do know that that's an astounding number to comprehend.
How can it work, if I ran my household budget like this, I'd be bankrupt. If I made $100 day and spent $1,000 per day, how long would this last? Why is it that this practice would lead to disaster and bankruptcy for individuals and private businesses, yet our government seems to be immune to the idea that eventually all loans have to be paid back.
So what happens to America when that day comes?
At least it looks as though Obama is at least trying to make jobs, as opposed to just throwing money at people so they can buy more stuff from China.
I'm not the smartest man in the world, I'm just an ordianry High School graduate who maintained a C average, but for the life of me, I can't figure out how this kind of financial policy can work...
Maybe I'm just an idiot.
Then I look at this: http://news.bbc.co.uk/2/hi/business/411973.stm
Ahh, the good old days... Looking at that chart makes me roll on the floor now... what a joke!