US National Debt – August 2010 Update

One of the most compelling reasons for why we do what we do here at IWBNIN is the SOARING US National Debt.   Every month, we are going to highlight (lowlight) the increase to OUR national debt.   Then, we’re going to challenge everyone to do something about it.

National Debt as of 8/17/2010

$13,336,962,180,893

By the time this post was completed, the national debt increased by an additional $1 million.

Your thoughts?

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2 Responses to “US National Debt – August 2010 Update”

  1. Laurell August 17, 2010 at 12:47 pm #

    In order for the debt to be paid down the government has to stop spending money. I think it is a very difficult job to try and figure out how to solve this problem, because there are so many things that you could say to just cut out, but then there are a ton of people it would affect and we could quickly become a third world country. What can one person do to help?

  2. Daphne August 18, 2010 at 8:38 am #

    There has to be a way for the U.S. to bring back the manufacturing jobs to make more money. Why are so many American jobs given to foreigners when we need the jobs here? Greed and taxes/tariffs are probably the answers, but man, we’re collectively shooting ourselves in the foot!!

    And how is it that we can spend money we don’t have? Who are we borrowing from?

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