Had a conversation at work the other day and it turned to the next $1 trillion we are about to add to our national debt bringing it to over $15 trillion dollars owed... Now there have been many examples of how much a trillion really is but the conversation got to a point that if the additional $1 trillion is not really felt at the immediate paycheck level what difference does it matter?...
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The average person has not really felt the effects of the last trillion that was added to the debt for it has not hit them directly in their pocket. This is obvious at work for even at the last "Black Friday" we saw a considerable increase in sales over last years numbers and the customers continue to spend as long as the credit card swipes and the approval is instant as it is anymore. I mean let's face it. With the economy as bad as they say it is do you really need to buy that new ratcheting screw driver that works both directions? Thought we did not have any manufacturing jobs in America anymore and who needs a screwdriver like that?....
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It looks like Congress will approve to add another $1 trillion to our national debt this week but will anybody notice? If adding another trillion to our debt resulted in every person seeing $50 missing from their paycheck every week there would be such outrage in the first month we could not imagine. Just look at what happened when Bank of America attempted to raise their fees by just $5 a month...
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