[Vision2020] yay! we passed $18 trillion!

[Ron Force]

And this is a problem...because? 
Debt for a sovereign government that issues its own currency and has the power to tax is different from an individual or a government that doesn't have its own currency (ie, Greece). Read here:
The Federal Budget is NOT like a Household Budget: Here’s Why | Roosevelt Institute

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| The Federal Budget is NOT like a Household Budget: Here’s Why | Roosevelt InstituteThe Federal Budget is NOT like a Household Budget: Here’s Why L. Randall Wray takes the fear and loathing out of understanding federal budget deficits.  |
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| View on www.rooseveltinstitute.org | Preview by Yahoo |
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  It's the same thing my Econ 101 professor taught back in the last century. Ron Force
Moscow Idaho USA 

     On Monday, December 8, 2014 3:29 PM, Paul Rumelhart <paul.rumelhart at gmail.com> wrote:
   

 I hadn't looked at http://usdebtclock.org for a while, and just noticed that we passed the $18 trillion dollar mark.  I'm not sure exactly when we crossed it.

Perhaps we should be doing something about this.

Paul

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