I'm not an economist and don't understand what the national debt means for us, but I have a feeling it is not good. How high can it go before there is a collapse? What does it mean for us?
I know from personal experience what it means to get over your head in debt. That happened many years ago and is how I discovered this forum. I worry a lot about what the national debt will mean in the future. Sure the stock market is booming now, but the current administration appears to be kicking the can down the road.
Nobody wants to hear frugality from a president. Looks what happened to Jimmy Carter (bless his heart) when he told us to turn down the thermostat and wear a sweater.
Thoughts?