Blog Smith: What If The National Debt Was Owed By You

Monday, March 26, 2012

What If The National Debt Was Owed By You

Students: Hear Antony Davies live at the Exploring Liberty http://lrnlbty.co/x5Zi3P or Scholarship and a Free Society Seminar http://lrnlbty.co/wz3Ao9 this summer

The U.S. federal government collected $2.2 trillion and spent $3.8 trillion in 2011. At the same time, it was $14.6 trillion in debt. These numbers are too big to comprehend, so what if we scale it down to an average household's income level? If you spent the way the government does, you might be contemplating bankruptcy. What should be done to ensure the government gets its fiscal house in order before it becomes impossible to pay the bills?

Watch more videos: http://lrnlbty.co/GSlE1Z

Reading since summer 2006 (some of the classics are re-reads): including magazine subscriptions

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Swanston, Malcolm, Mapping History Battles and Campaigns;
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Tech Partner: Gain a Competitive Edge Through Solutions Providers;
Technology & Learning: Ideas and Tools for Ed Tech Leaders;
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Virgil, The Aeneid
Virtualization Review: Powering the New IT Generation;
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VON Magazine: Voice, Video & Vision;
Wall Street Technology: Business Innovation Powered by Technology;
Wallace, Robert, Spycraft: The Secret History of the CIA's Spytechs, from Communism to al-Qaeda;
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Ward-Perkins, The Fall of Rome and the End of Civilization;
Warren, Robert Penn, All the King's Men;
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Wolf, Naomi, The End of America: Letter of Warning to a Young Patriot;
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Woodward, Bob, The Agenda: Inside the Clinton White House;
Wright, Lawrence, The Looming Tower: Al-Qaeda and the Road to 9/11;
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