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It's Now Mathematically Impossible To Pay Off U.S. National Debt

he U.S. government now owes more dollars than actually exist. If the U.S. government went out today and took every single penny from every single American bank, business and taxpayer, they still would not be able to pay off the national debt.

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posted by: kapauldo founder
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tlk Posted by tlk 6 months ago:  
founder i believe that the USA has more debt than money but I don't believe it is mathematically impossible to pay off. [QUOTE]
 
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kapauldo Posted by kapauldo 6 months ago:  
founder that's right, that's why i said doubt- this is sensationalizing a real problem and actually hurting the cause of reducing the deficit. [QUOTE]
 
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bowlofsoup Posted by bowlofsoup 6 months ago:  
founder also, let's not forget that debt plays an important role in our economy. headlines like this imply that debt is inherently bad and that it would be good if we had zero debt. [QUOTE]
 
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