Congratulations, the United States gross national debt now exceeds $9 trillion.
You owe $30k. Your baby owes $30k. Your family of 4 owes $120k.
Your government put you in all this debt to make you richer, in case you were wondering why your life has felt so easy and virtually cost-free all these years.
Remember that when choosing a presidential candidate.
Why stop at $9 trillion?
Should the federal government make us all even richer by borrowing $18 trillion (so a family of 4 owes $240k) and leverage-investing it in the stock market for a higher return?
After all, Ben Stein recommended that you stay in debt to get rich: Payoff Mortgage v. Invest Stocks: Housing Myths Part 12
Thursday, November 8, 2007
You Owe 9 Trillion Dollars
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