LET'S PUT THE AMOUNT OF THE US NATIONAL DEBT INTO PERSPECTIVE
Seven trillion, nine hundred and thirty seven billion, four hundred and sixty three million dollars
If you had gone into business on the day Jesus was born, and your business lost a million dollars a day, day in and day out, 365 days a year, it would have taken you until October 2737 to lose a trillion dollars.
The U.S. Congress has done seven times this damage to their constituents in a little over eighteen years!
It now (2001) takes more than all of the income taxes collected just to pay the 'debt service' (interest) on the national debt, and it is estimated that, at the present rate of national debt increase, it will have grown to 18.28 trillion dollars by the year 2006.
With a 242% increase in the debt and no more income taxes left to pay the debt service, how do you suppose our children and grandchildren are going repay this enormous debt that every American today is leaving them?
If you ventured a guess that they'd be taxed at about 73%, you would be pretty close.
Think about it!
THE COST OF THE WAR IN IRAQ (ADD TO THE NATIONAL DEBT)
See also: The United States is in Deep Doodoo!
What Really Happened