This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Current Debt will take the rest of our lives to pay off

If we stop borrowing and start to pay off the Federal debt as if we were paying off a new car we can pay off the debt in our lifetimes.

If we wait four more years… it will take a whole new generation to pay it off.

Paying off the debt seems achievable to me, I can give up a new car to keep my kids from paying off my loans when I’m gone.

Find out what's happening in Merrimackfor free with the latest updates from Patch.

Wouldn't you rather leave them a legacy rather than a loan to pay off. Current Debt will take the rest of our lives to pay off, 4 more years of 2011 borrowing might take another generation


The views expressed in this post are the author's own. Want to post on Patch?