Ron,
If my debt more than equaled one years wages I would be staying up nights. I own my home, a car, two trucks and all else that I want.
You spoke about our budget surplus, The government takes all of the social security insurance money, places it in with the revenue, sends the social security administration some paper to cover the loan and claims to have a surplus. Last year they took the surplus social security 150 billion , added that to the tax revenue and claimed a 70 billion surplus when they actually had a 80 billion deficit, and they have been doing that for years, that is why we have a reported 6 trillion debt, however I have heard it reported that the actual debt is more like 17 trillion. The only reason that this country has been prospering is because of the confidence the world has in our paper, but when that changes watch out.
Paunch |
