In fact, Secretary of State Hilliary Clinton, said recently that it has eroded our ability to "chart our own destiny" and poses a "national security threat". That makes me feel warm and fuzzy.
My Observations from looking at the Debt Clock:
Savings Per Citizen: $1,033.00 (Really? Guess everyone has an emergency fund)
Personal Debt per Citizen: $52,407.00 (That explains the savings)National Debt per Taxpayer: $120,577.00
Unfunded Liability per Citizen: $355,217.00 (Sure...Social Security and Medicare are solvent)
US Total Debt per Citizen: $665,047.00 (Guess I better update my balance sheet)
This is unsustainable. We've got to stop spending more than we earn from the upper echelons of government down to each and every individual. Our freedom is at stake.
