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Girish (Guest) - woohoo thats how I like it! The more people posting the better!
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D. Cook (Guest) - It is April 16th and the national debt is up to 11 Trillion dollars now.  You also did not take into account 5 million unemployed who won't be paying as many taxes, instead many of them will receiving unemployment benefits, at the cost of the taxpayer.  Inlfation undoubtedly drives down the value of the dollar, so people are losing wealth in their savings accounts.  And if you include the future costs of medicare and social security, insn't the national debt at least 45 Trillion dollars?   The debt is out of control, and I don't see any sudden changes in the way Washington goes about doing business.  We have to stop the spending and save our children and grandchildren from being born into lifetime debt, a life of financial slavery.

- Keep it up. Thanks for sharing this article. It really helps.

- good information for us.thanks

pratikg - Thanks for sharing this information with us.

xwhiteshadowz - hahaa really a headache hehe

pagadala - thnx 4 ur suggestion

pagadala - Great post! Thank you!

aliaslucs - great article, thank for this information very helpful indeed.

belleph - Taxes>debt>headache : (

- Wow, this is very helpful. Thanks a lot. Settling debt is somehow quite troublesome.

sunroyal - xcellent research

sunroyal - very gud info.

szack - good

- gud article

- vow.it's awesome

- Very Informative

-  I am not surprised about poor countries having heavy debts

- wow, it's really good info. Thank you for sharing here my friend. :) nice info for me..

- good one

- It is amazing to know that a superpower like the US is also battling debt problems.  I am not surprised about poor countries having heavy debts but this is one thing we never expect from a rich country like the US,

- very good idea. It was not very clear to me before.

sunitha - thanks for sharing this idea

rofizarkasih - Great article. I hope I can get such information of my country as well.

aliaslucs - it is the riches who pay a big amount of taxes, but not me,

- thanks for sharing this idea

beautyqueen26 - There's so many reasons that I love being an American. But one of them is not our ability to rack up huge debts that will (soon) demand repayment. I try not to think about the huge debt that the American people owe.
Thanks for your article. Very informative. I had no idea we all owed so much. Please keep the good info coming. It's nice to know we have some people that have a handle on the facts.

 

HelpMePayOffMyDebt - This was very informative!  First off, I would like to thank all of the wealthiest people who pay that much in taxes so I don't have to!  Also, I am very interested in our 'accounts receivable' as well!  I wonder how much debt we have forgiven.  Please, someone, let us know!

tmostuff - I have no problem acknowledging my own personal debt and obligations. But I have a huge problem with the government strapping me with the national debt especially since the majority's been created from their own irresponsible spending. The Bridge to No Where comes to mind. They keep talking about consumer irresponsibility yet they won't examine their own fivolous expenditures. It must be nice to have an entire country to pass their debt and burden onto.