It is time to have another random thoughts article.
National Debt – I figured it was time to make anther article when I read this opinion piece at the Wall Street Journal. According to that article, our national debt already exceeds $86.8 trillion, or 550% of our Gross Domestic Product (GDP).
According to the authors of that article, the true amount owed to the Federal Reserve is hidden from public view.
In other words, the government is treating the people like a bunch of mushrooms, we are being kept in the dark and fed crap.
I do not know for a fact that the national debt is anywhere close to the $86 trillion range like the article claims. Even at $16 trillion we are in deep trouble.
What is sad, the nation is bankrupt, and there are people looking for a government handout. There is no money, but people want more free stuff.