What Is the Cause For the National Debt
What is the cause for the national debt? The best answer to give to that question is the simplified one, the cause of the debt is due to the United States government spending more money than they are making in revenue. In other words, the government owes more than it makes. It is often wondered […]
National Debt- Will We Ever Get Out?
When we look at our own personal finances the reality of our debt is enough to send a shiver down our spines and make our heads feel like they are in a vice. However, it may help you to feel a little better knowing that we are not alone, our own government is drowning in […]
History of National Debt- Is It Repeating Itself?
The United States of America has basically been in debt since the country began so many years ago. In fact, the history of national debt dates back to the year 1791 when at that time the country was in the red by $75 million dollars. Today, that number has risen to a frightening $75 million […]