Over the past several weeks I have ranted to my Congress People about the lack of a Federal Budget and the resultant national debt incurred because Congress won’t budget expendetures (and give-a-way funds, or any funds!) One of my readers had been doing his own investigative work about the “National Debt” – that $22 Trillion “we” owe and pay interest to use. What About that “National Debt?”
Reader Kent Carson has taken the time and effort to try to explain what the National Debt is, how it is manipulated and who owes who what? A formadible task as is shown below.
This is lengthy – but very, very informative. If you have time to “muddle through 13 pages” I guarantee you will learn some things you didn’t know.
Tom Howe – FlyingWBlog – Hotchkiss, Colorado