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Ten year deficit projections increase to $9 trillion

Discussion in 'U.S. Politics' started by BigRob, Aug 25, 2009.

  1. BigRob

    BigRob Well-Known Member

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  2. Pandora

    Pandora Well-Known Member

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    I saw that today.

    Is it honestly ever possible to pay this off or even pay it down to something reasonable?
     
  3. PLC1

    PLC1 Moderator Staff Member

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    Sure, once the dollar is devalued to the equivalent of a nickel or so, then the debt won't seem so massive. Of course, by that time that 11 trillion debt plus the projected 9 trillion will add up to a couple of hundred trillion instead of just 20, so it will still be insurmountable.
     
  4. Pandora

    Pandora Well-Known Member

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    We are one evil generation to put this debt on our kids and grandkids.
    I have read about the greatest generation and I have so much respect for them. If they knew all the sacrifice they made was for this, I wonder if they would have done it all so willingly.
     
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