Originalskunk: To tell yah how ignorant I have been all this time: My understanding of the national debt is that it started with Nixon and has increased exponentially ever since! That may either go to show why I am a high school drop out or how misinformed the gov wants to keep the US public. You mentioned $30-$50 trillion. What is this figure about? ol
No worries, the old farts who are getting us into this hole know they'll probably be dead before it all collapses. [disclaimer...I'm an old fart]
Ya, my economics teacher was laughing about it on friday. How he can do whatever he wants and will retire with full social security benefits cared for by my generation, sucks By the time my generation retires (in about 50 years), the gov't won't be helping much with the cost.
If your depending on social security for retirement then all I can say is, dude, you better start making some money. Don't depend on social security. It was never meant to be a retirement vehicle. It was meant to be a social program to help the poor and helpless. Are you in that category?
No, I'm 16 years old But there definately exists such a category and people in it are in trouble, lol.