National Debt
In economics class this week we have been learning about our nation's debt. I never really understood the severity of our nation's debt until this week. Today our nation is about 15 trillion dollars in debt, and these numbers are growing by the minute. When we were looking at the nation's debt calculator online we refreshed the page after 3 minutes and the debt in that time had grown 10 million dollars. It was under the presidency of George W. Bush that our nation acquired this ever increasing amount of debt, and when he came into office we actually had a surplus in the nation's budget. I think that Bush needed to stop thinking so much about politics and having people like him and focus on the problems at hand, like our national deficits. I feel like our government has this attitude that we have to fix everyone else's problems, and make everyone like us, when they should be focusing on the problems at home. Things like unemployment, homelessness, and our nations debt, to name a few. Now my next question was, why is the government seemingly not doing anything about our debt? One reason is because when you look at the amount of our nation's debt compared with other nation's debt, we're not doing all that bad. You can see on cnbc's "The World's Biggest Debtor Nation", that the United States is only number 20 out of a list of 20. http://www.cnbc.com/id/30308959/The_World_s_Biggest_Debtor_Nations?slide=1 Learning about all of these things it makes me want to go into economics and work with our presidents in order to try and find a solution to our debt.