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Friday, November 18, 2011

How Bad Is The National Debt?

sounds really bad at 14 trillion dollars but how bad is that when there are three hundred million of us?
I won't go through all the math but the interest cost comes out to around
$4.00 day per person
that is four dollars a day for every man woman and child in the country
is that something we cannot afford? Is that a total catastrophe that will cause it all to come tumbling down?
Realistically...the answer is...NO!
That is really not such a big problem. That is not really so unaffordable.
If I take my family to the movies the tickets are at least $6.00 and usually more like $9.00 or even up to $12.50.
Parking the car can cost as much as $8.00 or more.
Four dollars a day per person is not enough to break the bank.
So I would argue that things are not nearly as bad as we have been led to believe.

STEADY AS WE GO
KEEP MUDDLING ALONG
WE LIVE IN GREAT ABUNDANCE
WE HAVE MUCH MORE THAN WE NEED

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