Wednesday, October 15, 2008
It was recently mentioned that our "national debt clock" had to be modified in order to register the $10,000,000,000,000 mark. Would that lead one to believe that the "developer/designer" of the clock never thought that the debt would ever reach that amount? Perhaps...
I began to wonder how we (or future generations) could ever possibly repay that debt...what would we use as "currency"...oil or other natural resources, manufactured goods, technology - no, and certainly not dollars. What about food? Probably not...we are going to need all that we can produce. And, I'm not sure that we don't already import more food than we produce. Certainly, I do not have an answer to this important question - I would love to hear how our governmental leaders would answer it! To see what your share of the national debt is, go here. Check back an hour, or so, later to see how much more your share has increased.