I am not an expert, but am rather just a truth-teller.
The debt is the debt, and it is
staggering.
Rationalize it,
make excuses for it,
blame it on this Party or that,
I do not care how or why you choose to embrace and celebrate the debt.
It is the 800 lb gorilla in the room, and it is about to become the 900 lb gorilla, chum.
That much debt is no good for the nation, just as Greece's debt was no good.
Just as the common American household that brings in $50,000 in income each year, but finds itself happy to be in $750,000 in credit card debt, is
no good.
And by the way, I will gladly school you off-line, in PM form, about my own personal experiences, education, and life's wisdom regarding income, debt, international finances, investments, and budgeting.
To do so on the open forums would only be perceived as bragging, and I am a humble guy, so let's carry that discussion on in private, okay friend?
Thanks.