Drowning In Debt

An ancient proverb that is oft-repeated even in our time is that you will always end up reaping what you sow.  Well, the U.S. government has been sowing seeds of debt for decades and our politicians have endlessly attempted to assure us that everything is going to be just fine.  Well, everything is not going to be just fine.  The truth is that the U.S. government is literally drowning in debt.  Right now, the total debt of the U.S. government is  $14,223,730,274,180.80.  It is a debt that is so large that it defies comprehension.  It is also a debt that is absolutely impossible to pay off under our current financial system.  Someday the weight of this debt will completely collapse our entire economy.  The only thing that is keeping that from happening already is our ability to borrow even more money. (Read More...)