Wednesday, August 26, 2009

U.S. Debt-- Ticking Time Bomb

For an interesting dynamic look at the U.S.'s debt overhang (or hangover), proceed to the following link: http://www.usdebtclock.org/

The current national debt per capita in the U.S. is about $38k. This is enormous. I don't know about you, but I sure would like to place a "fixed contract" on that number right now (i.e. pay it now), but with the stipulation that anything ABOVE that number should be picked up by members of Congress!

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