We don’t like to be tiresome about this. But we all — including “you” — have a serious debt problem.
And it’s getting worse.
Most Americans realize they have some personal debt. For many, that’s a serious problem, too. How can they reduce it and ultimately pay it off?
But most of us may not realize that our elected officials in Washington have piled up a national debt that amounts to $45,300 for each one of us in our country!
As long as we owe it — and that will surely be a long time — we will have to pay billions and billions of dollars in taxes just to cover the cost of interest on that huge debt.