The National Debt is my overriding concern with respect to our country.
How long will this country elect politicians to continue spending so recklessly, ultimately dooming our children and our nation?
Probably as long as the citizens don't want to face up to the truth, and make choices (or accept choices of elected officials) that will cause some real amount of pain. The essence of the matter is, the longer the out of control spending remains unaddressed, the more difficult and more painful any solutions will be.
Not too long from now, the politicians will have to vote and pass a bill, raising the debt ceiling, if they want to continue to spend more than the government takes in. There will no doubt be a lot of blustering and debate, and promises to address the Federal Government's spending in a responsible manner--as they once again kick the can down the road.
The Gross National Debt
At 4:40 pm EST on 7/22/11 the debt totalled: $14,412,536,802,223
At 9:40 pm EST on 11/20/12 the debt it totalled: $16,290,755,341,268 (the time/date this article was posted)