u.s. national debt

**rayner** · 11-20-2010 02:50 AM

u.s. national debt is more than 13 trillion dollars

**Seeker_Advice** · 11-20-2010 03:40 AM

The debt to Social Security, or debt to our seniors, from stealing it over the last 40 years is almost 8 trillion.

**DennyJ** · 11-20-2010 08:05 AM

It is getting pretty obvious that even if we raise taxes to unbearable levels for everyone and we cut spending in all areas to the bare bones we can not pay this much money back in even a generation. What is the solution?

**WildChild** · 11-20-2010 08:10 AM

LOL
I don't think it will be solved here.

**Seeker_Advice** · 11-20-2010 08:17 AM

More sex, more often !

I thought I'd better say it before Tex did.

**WildChild** · 11-20-2010 08:55 AM

LOL

Better sex, more often!

**jns** · 11-20-2010 10:07 AM

Originally Posted by DennyJ

It is getting pretty obvious that even if we raise taxes to unbearable levels for everyone and we cut spending in all areas to the bare bones we can not pay this much money back in even a generation. What is the solution?

Since it is fiat money, the answer is rapid inflation. Hey, maybe that goes along with the sex thing.

**WildChild** · 11-20-2010 11:03 AM

hard to figure

**rcoreyus** · 11-20-2010 11:28 AM

The ration of debt to GDP in the us isn't terrible, though it could be better. On possible source of money is to reduce healthcare spending. The US spends about 2.2Trillion $/year on healthcare (and growing fast), about 2X what is spent in Europe, but our health isn't any better. We could probably cut half that with only a minor decrease in health, and gradually pay back the debts.