During the recent election campaign, we heard reference to the deficit from all sides, always expressed in trillions of dollars, but most of us don’t really grasp the real value of that number.
The United States is currently in a negative financial position with a deficit of $16 trillion.
We can’t buy a lotto ticket and get out of this one.
We own it, all citizens of the U.S.A. It doesn’t belong to any political party, just you and me, our neighbors, and our families.
We can only tax ourselves and reduce government spending to begin a reduction of the deficit. There’s no other options.
