Correction: $17 Trillion or ~ $170,000 per household.
Jeff Livingston
Yes, that's what I meant -- TRILLION!
It went up almost 5 trillion under Bush in 8 years. That's a lot! It went up almost 5 trillion under Obama in 4 years! That's a lot more! Current projections even with Obamas deficit cutting agenda put our National debt at more than 20 Trillion if Obama gets 4 more years. Can we really afford 4 more years? I don't know. Can we? Heck, if we can sustain 16 trillion we can surely sustain 20 trillion; wouldn't you think? I don't want to think about it. Gold will be $4k an ounce by then.
