Everyone has been hearing about our national debt. I took econ in high school and college and my high school teacher talked about it almost daily. In this article, it says that we are going in debt at a rate of about $1,000,000 a minute! Stop for a second, and think about that. RIGHT NOW the numbers are skyrocketing. This is becoming asuch a huge issue, that mainly young people like me are concerned about. We are the ones who are going to have to deal with this. When I went to Salt Lake city to see Ron Paul, I didn’t know much about him. But when I sat down on the floor and listened to him, I knew what he was saying was true. He talked about how we are spending way to much time and money overseas, on things we have no need to be involved in. We could be saving approximately 1 TRILLION dollars a year if we bring everyone home. He has a plan and he is sticking to it.
The national debt — the total accumulation of annual budget deficits — is up from $5.7 trillion when President Bush took office in January 2001 and it will top $10 trillion sometime right before or right after he leaves in January 2009.That’s $10,000,000,000,000.00, or one digit more than an odometer-style “national debt clock” near New York’s Times Square can handle. When the privately owned automated clock was activated in 1989, the national debt was $2.7 trillion.
I hope this makes you sit and think about how big of a hole we are in. And day by day, minute by minute, we dig it deeper and deeper. What will you do about it?
