56 Trllion dollar deficiet!

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Physics_Major

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#1 Physics_Major
Member since 2008 • 38 Posts

I'm sorry I don't have a link but I just saw on CNBC Money that America as of now is an a 56 trllion dollar deficeit

(56,000,000,000,000) That's 480,000 per household. Excuse my french but how in the hell will we ever pay this off? I guess it's the same ole attitude. Let the people of the future pay for what mistake we did. I do not think it is fair for us to pay off the huge amount of debt:evil: Looks like higher taxes:(

Your thoughts

EDIT:LINK

Sorry Google chrome is being a pain in the but

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bungie93

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#2 bungie93
Member since 2008 • 2445 Posts

You need to learn the difference between the deficit and the national debt.

The deficit is around 410 billion and the debt is around 10 trillion.

You don't have the slightest clue what you are talking about.

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Cube_of_MooN

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#3 Cube_of_MooN
Member since 2005 • 9286 Posts

I know the national debt is getting high, but it isn't $56 trillion.

EDIT: Closed by request of the topic creator.