There’s a nagging doubt in the back of our minds: how are we paying the bills for, 1) war in Iraq and Afghanistan, 2) troops abroad, 3) homeland defense, 4) increased benefits for Medicare, 5) increased support for education, and many more increases, while at the same time lowering taxes and asking that the tax reductions be made permanent. The debt is huge: The estimated population of the United States is 293,862,533 so each citizen's share of this debt is $24,384.75.
Who will eventually have to pay these bills? How long will it take? Didn’t mom and dad tell us that when you live off credit bad things could happen to you? Have we all lost our concern for this kind of behavior by ourselves or by our government? Why aren’t there lots of folk talking about the massive indebtedness and its cost? Why aren’t more folk talking about the value of the dollar and what is likely to happen to it as the national debt increases? Where’s the discussion? Where’s the pressure to do something, anything, about this massive national debt? What’s up?