The National Debt - Something all of us can agree on?
Some alternate subtitles for this thread could be:
Spend Now, Pay Later!
Who cares about our childrens' future, anyway!
Baby Boomers going Bust.
Yeay, more Tax Cuts that my kids will be paying off for their entire lives!! Wheeeee!!
<a href="http://www.brillig.com/debt_clock/">National Debt Clock</a>
I think this is one of the biggest issues facing our country today. 11% of our federal spending right now goes to pay just the interest on it. That's money that could be spent on defense, education, infrastructure, the war on terrorism, but the fact is we're spending it on creditors. The US used to be THE creditor nation in the world, and now, thanks to reaganomics and trickle-down theory (that persists to this day!) we are now the largest debtor nation in the world.
No one likes paying taxes, and I'm sure most would think that having 11% of it going to the creditors would upset them. It makes me sick.
Here's the link to <a href="http://www.concordcoalition.org/">the Concord Coalition</a>, a nonpartisan organization advocating fiscal responsibility.
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Last edited by Sparhawk; 07-07-2003 at 07:11 AM..
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