It's OK to be afraid.

[Pulgasari]

This year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all federal revenue collection and over $2,400 per household.

[starkind]

Originally Posted by Pulgasari [You must be logged in to view images. Log in or Register.]

This year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all federal revenue collection and over $2,400 per household.

so what will this money go to exactly? [You must be logged in to view images. Log in or Register.]

[Sonderbeast]

Originally Posted by Pulgasari [You must be logged in to view images. Log in or Register.]

This year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all federal revenue collection and over $2,400 per household.

Man if I individually owed that much money and paid that much interest it sure would be a bad situation! Good thing macroeconomics involving sovereign nations is not the same as personal finance! Imagine that!

hope this helps

[Pulgasari]

Originally Posted by Sonderbeast [You must be logged in to view images. Log in or Register.]

Man if I individually owed that much money and paid that much interest it sure would be a bad situation! Good thing macroeconomics involving sovereign nations is not the same as personal finance! Imagine that!

hope this helps

doooooooooooooom [You must be logged in to view images. Log in or Register.]

[Gwaihir]

Greed-----\|/-----Trust
------------Faith------------
Fear-------/|\----Generosity

Proverbs 9:10
The fear of the LORD is the beginning of wisdom, and knowledge of the Holy One is understanding.

Pride-------\|/-------wisdom
-----------Truth-----------
Shame----/|\-------Humility

Matthew 10:28
Do not be afraid of those who kill the body but cannot kill the soul. Rather, be afraid of the One who can destroy both soul and body in hell.