Sunday, September 6, 2009

I Owe How Much?

I was surfing the net last week and I came accross this National Debt Clock .    I decided to add it to my blog page so that I could somehow try and comprehend what this huge debt really means..  So far I have not be able to put this staggering amount of money into any kind of context!
  
How does one get out of debt like this?
I'm afraid eliminating Starbucks wont help me this time.

How do you all feel about our growing debt.  Can we really aford healthcare, but can we afford not to fix it..
Hey maybe AIG will return the favor,.. and bail us out. 

Just when I thought it couldn't get much worse I read that....our public national debt $5.8 trillion as of 2008–is projected to double by 2012 and nearly triple by 2019..   A very sobering perdiction.!.
How do you all feel about this, or am I crazy to be concerned?


8 comments:

  1. The National debt clock is so frightening!

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  2. Truthfully, it scares the crap out of me! It's not so much that I don't think we can make things work, it's the people who are in charge of the decisions. They seem to be deaf when it comes to We the People.

    Then again, last night I watched a special on Nostradamus and the Mayan calendar running out on Dec. 21, 2012. Rather than see it as gloom and doom, I laughed and wondered if Congress thinks THAT's the ultimate bail out plan...the world ceases to exist. ;)

    Seriously, I don't know what we can do but stay involved by letting those folks in D.C. know we're not blind, deaf or dumb. I had to take 4 days off without pay last year...why can't Congress do the same?

    On a lighter note...have a great Labor Day!

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  3. Laoch;
    ... very scary I thought. Just hope somebody in power is up late at night too!

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  4. What's bringing the debt so high? I believe it's the wars in Iraq and Afghanistan.... and now the added pain of the recession. I'm scared. I'm very scared. But healtcare? It's crazy! We need healthcare reform so badly I didn't think it would even be a question. It's fine enough for all those people screaming that we shouldn't have it because they probably already have health insurance but for those who don't, it's criminal in a nation such as ours.

    I don't remember the exact quote at all but somebody said... A nation is judged by how it treats its most vulnerable citizens.

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  5. So true Kay, Kevin my son doesn't hve healthcare. He has been healthy, thank God but with his history, it's scary!
    I was also charged three times as much for healthcare when jim was working for himself. The reason was becauae I had had cancer when I was 6 months old! We had to have it so we took it... There must be a way of fixing the system, "and not throw the baby out with the bath water" as my grandpa used to say!
    I just wish that I trusted someone in Washington to actually read the bills that they pass, but I don't!

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  6. Hope;

    Not a bad idea....Maybe the AIG big wigs can donate part of their bonuses. I'm sure that we can figure this all out, but my faith that we will is seriously challenged.
    Thanks Hope, have a great week!

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  7. omg how stressful to actually see those numbers tick by!

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  8. Fiona;

    I agree, I'm going to have to put it somewhere else on my blog. Farther down so that I can check it when I want to see it, not first thing when I sihn in.

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