in fiscal responsibility.

The National Debt, as of 3/3/07 is 8.8 Trillion dollars. It is growing at a rate of about 1.8 Billion per day, or 657 Billion per year. That’s nearly $30,000.00, for every man, woman, and child in America. For a family of four, that’s $120,000.00. And since only about half of us actually make any money to speak of, that’s really about $240,000.00 that’s going to come out of your family’s pocket.

While the National Debt is not the worst it’s ever been (as a percentage of GDP it’s currently 73%), it is a major factor in how much money the government has to spend. Just covering the interest on this massive debt is a huge burden.

This severly hinders our ability to react to a financial crisis, not to mention just operate normally.

Where is all that interest going, anyway? ($406 billion in 2006!) Foreign investors, that’s where. Quite a big chunk goes straight to the Middle East. We’re financing terror. Yes, us. As Homer Simpson would say: “Doh.”

There is one minor amusement to all this, in that it appears that ever since the 80’s, it has been the Republicans that have added to the debt, while the Democrats have lowered it. Yes. For all their whining, Republicans are the worst offenders.

China has a $1.2 Trillion surplus! That’s $1,200,000,000,000.00 in the black. We’re busted, and they’re rolling in it. The Chinese, the communists, are doing a better job running their country than we are ours.