The national debt is about 11 trillion dollars. According to Encarta, the population is 303,824,650 (2008 estimate). By my estimation, that means that every man, woman, and child in America owes about $36,250, and that debt keeps growing every year. Can you afford this? I can't.
Common sense tells us that if a homeowner borrows more and more money against their house every year, soon their debt will be far greater than the value of their home. That's what our government is doing!
When will it stop? How long can we keep spending before we bankrupt our entire economy? Why do our represetatives seem to think that we can keep this up forever?
If we bankrupt our economy we will become a third world country overnight!
Remember, government doesn't have any money. All the money that they are spending is ours. Join the Tea Party movement. Tell Washington to stop spending our money like it was only paper, or one day it will be just that.