Comment on Substantial Commentary #2


I read my co-bloggers Substantial Commentary #2 on the national debt and I can’t say that I really agree. It got to me thinking is it even relevant. Does our debt even exist we know that we will never pay it. It is an imaginary number that we track because the national government as gone beyond money. By borrowing they create money out of thin air. But we are not the only nation to have such substantial debt I found a list of all the nations with debt which shows that this is just the standard way of operating for industrial nations.
We shouldn’t worry about our national debt when it is spent on important things not on pointless wars and such. We need to be spending our money on America to improve the lives of our citizens and to better our nation. We should be worrying about our personal debt. Americans are carrying more personal debt now than in any other time in history. The current reccesion is not caused by the National debt but rather by Americans living beyond their means. And it has to stop we have to move away from our delusion American "Dream" where everyone gets to live in a subdived carbon copied neighborhood, shop at walmart, and drive a freakin SUV.The point is that the national debt is just a number that doesn’t really mean anything anymore. What is important is the spending habits of our citizens.

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