U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 18 Feb 2009 at 03:50:25 AM GMT is:
$ 1 0 , 7 7 3 , 7 6 1 , 3 9 1 , 2 4 4 . 0 9

The estimated population of the United States is 305,666,825
so each citizen's share of this debt is $35,246.75.

The National Debt has continued to increase an average of
$3.48 billion per day since September 28, 2007!

http://www.brillig.com/debt_clock/

We're actually almost at $11 trillion in debt. 

And with that $35,246.75 figure, that would mean every legal citizen in this country, regardless of age.  It's estimated that there are 180 million taxpayers, so the amount that each working citizen would have to pay would be over $60,000 to clear the debt.

I'm just wondering if that figure is actually accurate.  It seems like our debt could pretty soon become unliquidated debt and then very quickly become toxic.

That's not entirely true.  Not many people could get their schooling payed for with grants, but anyone could get a blank check in the form of a loan.

Now, students loans are a lot harder to come by and it turns out a lot of them are turning bad really quick.  I feel sorry for anyone who has student loans.  Deferred student loans are about the only 'safe' ones for right now.

On the topic of deficits and the way the government perceives them, I think it is hilarious (in a sick way) that as time goes on they keep changing their definition of them.  Way back when, any deficit and government debt wasn't considered good.  Then as our debt started growing at a huge rate, and people started panicking when they saw what they would have to pay back, the government changed to "as long as we can pay the interest the debt is not an issue,"... well, it doesn't even really look like we can make the interest payments on it without creating more.  

I'd say that's a problem Obama.  Another stimulus plan, with tons of wasteful spending, is going to create a bigger problem.

Bring it on is what I say. 

I honestly believe it'll come.  Sure, there is a very large possibility that it won't... but it just has always kinda seemed like this was coming with these guys.  And it honestly seems like they all want to be in the band, not that they are doing it entirely for the paycheck.

Maybe it's because you called it quits. Not because he wanted to hurt you more, but because you rejected him.  People don't like rejection.

Doesn't say much, does it? 

I voted Shackler's.