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national debt – <font class="cstm-fnt" style=""><span style="font-size: 25.6032px;">curtandtheotherguy.com</span></font>

Tag: national debt

Does the National Debt Matter?

The short answer is yes—and quite a lot. The US government has accumulated over 35 trillion dollars. To put that into perspective, 1 trillion dollar bills would stretch almost from the earth to the sun. Another way to think of 1 trillion is to imagine a jet flying at the speed of sound, dispensing a… Continue reading Does the National Debt Matter?

Our Collective Response to Covid was Worse Than the Illness Itself.

Covid-19 is a real and serious illness that has taken the lives of over 1 Million Americans and almost 7 Million people worldwide. It is quite literally one of the most serious health threats we have faced in the last three years, but our collective response to it has had far more negative consequences than… Continue reading Our Collective Response to Covid was Worse Than the Illness Itself.

Federal Reserve

From 2017–things are much worse today: Let me try to simplify the National Debt and unfunded liability concept:  OUR National Debt is almost 20 Trillion; OUR GDP, or yearly income as a nation for 2016 was almost 19 Trillion. That’s like me making 19,000  a year and having 20,000 in credit card debt. Do you… Continue reading Federal Reserve