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IPFS News Link • Government Debt & Financing

Hardly Anyone In Washington Seems To Care About The Future At This Point

• http://theeconomiccollapseblog.com by Michael Snyd

By now, you have probably heard that the U.S. national debt has hit 31 trillion dollars.  To be more precise, as I write this article the U.S. national debt is currently sitting at $31,142,591,307,260.01.  It is the largest single debt in the history of the world, and given enough time it would completely destroy our economy all by itself.  Unfortunately, hardly anyone in Washington seems to care about our rapidly exploding debt at this point.

In the old days, the Republicans would at least put on a show for us.  They would huff and puff about the national debt but then give the Democrats virtually all of the spending that they wanted anyway.

But now they have figured out that such a charade is no longer necessary, because most of their constituents just don't care.

So most of our politicians no longer even pretend to care about fiscal responsibility.  


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