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Your Guide to the National Debt (Part 4)
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Your Guide to the National Debt (Part 4)

“Never complain of that of which it is at all times in your power to rid yourself.” – Adam Smith quoting Greek Stoic philosopher Epictetus, chapter I, section II, and part VII of The Theory of Moral Sentiments, originally published in 1759.The national debt is a tremendous burden on our country, ourselves, and our posterity.

01/24/2013
Your Guide to the National Debt (Part 3)
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Your Guide to the National Debt (Part 3)

The problem of the national debt can seem overwhelming. How do you address $16.4 trillion in gross debt, or even $11.5 trillion in debt held by the public? Congress is gridlocked, President Obama doesn't want to deal with it, and the Congressional Budget Office estimates that we will spend $3.554 trillion this fiscal year, thereby adding another $641 billion to the debt. Caught in such a difficult situation, the problem appears insurmountable.

01/11/2013
Your Guide to the National Debt (Part 2)
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Your Guide to the National Debt (Part 2)

"I am not among those who fear the people. They, and not the rich, are our dependence for continued freedom. And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude." - Thomas Jefferson, written in a letter to Samuel Kercheval on July 12th, 1816.

01/08/2013
Your Guide to the National Debt (Part 1)
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Your Guide to the National Debt (Part 1)

If you ask many Americans, the largest long-term crisis facing the country is the national debt. Persistently high unemployment, an uncertain economic recovery, soaring health care costs, and a stuttering public education system are all significant contemporary problems, but the skyrocketing national debt seems to loom as a threat to the stability of the government and country itself. With that in mind, shouldn't more of us have a firm understanding of how the national debt works?

01/04/2013