U.S. Debt surpasses $15 Trillion (with a ‘T’)

Well it is time to be reminded of that thing that never seems to effect individuals directly: the US Debt. Is it true? Does the massive US Debt, which now exceeds $15 TRILLION, mean anything to you and me?

Well, some might argue that pragmatically it does not affect normal Americans living their daily lives. I disagree.

The debt is a simple matter. In fact, this topic is so simple that a fourth grade student could understand its complexities.  In recent history, the United States Federal Government spends more money than it takes in. Simple as that. Continue reading