Somebody Please Explain The National Debt and Deficit To Me…

Posted on August 3, 2008
Filed Under Government/Politics, Ruppe Radio Ramblings |

Debt ClockI’ve never really thought that much about the debt the United States of America owes to institutions and other countries across the waters.  It has always seemed just an impossible issue to ever resolve.  I mean it’s a rediculous amount of money and what is really being done to pay it back.  …

One could argue: “Hey, we’re the U. S. … We don’t ‘feel’ like paying it back.  What are going to do about it? Huh?”   In a way, that’s basically what we are saying to our debtors because we are still continously borrowing - agencies and individuals alike…

We have the same attitude about the national debt as we do with the environment.  “Why do I care?  I won’t live long enough to see it’s negative affects…”

Some say that our nations debt will ultimately bring the country to it’s knees.  I mean, to think that we will ever pay it off is just (to me) a rediculous notion.  When will, or will it ever matter that we are not paying it back and constantly increasing our debt?

A great deal of people are quick to blame a certain president or two, or three; however, by this point, I can’t see how one presidency could ever even put a dent in the nations debt…  Each citizen of the United States would have to agree to basically work for FREE until it has been paid in full, and we know that will never happen…

To explore the debt issue further:

Wikipedia Info on The National Debt

FederalBudget.com

TreasuryDirect.com

Brillig.com

BabylonToday.com

later,

s.b.ruppe

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Comments

3 Responses to “Somebody Please Explain The National Debt and Deficit To Me…”

  1. Tim Ramsey on August 3rd, 2008 10:38 pm

    I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog.

    Tim Ramsey

  2. Alfred Bauer on November 13th, 2008 1:55 am

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