our National Debt

Our National DebtAfter watching the videos “IOUSA” and “Ten Trillion and Counting”, please go to the national debt clock and see where our debts stand today: http://www.usdebtclock.org/ – then answer the following questions:1. 100 Words minimum: What are the 3 most important things you learned from the IOUSA video?2. 100 Words minimum: In IOUSA, we learned about the national debt, and how it impacts us today as well as future generations. In the updated Ten Trillion and Counting video, what has happened since President Obama took over for President Bush? Have these problems been rectified, or are they more severe? Why?3. 100 Words minimum: Please go to http://www.usdebtclock.org/ – and look at our national debt, and GDP. What do these numbers mean to you? Please look at some other staggering (climbing!) numbers – comment on at least one other figure you see that alarms you, and why.4. 100 Words minimum: Consider your age, your family situation, your employment status, and where you are in your educational endeavors. What does the current state of our national debt mean to you? Depending on your lot in life, the debt has different implications to everyone. Baby boomers retiring today are getting social security – how will you retire? What does the debt mean to future generations, or your children (if you have them, or are planning to have them)?5. 100 Words minimum: What do you think will happen with the debt? Will taxes rise during your lifetime? What do you see happening to our currency? If you were the President, what would you do to correct this problem?

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