A chart is worth thousand of words: a key chart not enough seen and stared at.......

A chart is worth thousand of words. That's really true!! If anyone can make a good argument that USA is not in very serious debt trouble, I would love to hear it. And remember, the figures in the included chart don’t even include corporate debt. They only include government debt on the federal, state and local levels, and all forms of personal debt. So are they ready to share the debt accumulated burden?
Nobody that I know could write that kind of a check without sweating. The truth is that as a nation USA seems flat broke. The only way that the game can keep going is for all of them to borrow increasingly larger sums of money, but of course that is not sustainable by any definition.
Eventually they're (and us) going to slam into a wall and the game will be over.
One of my pet peeves is the national debt. USA politicians spend money in some of the most ridiculous ways imaginable, and yet no matter how much we complain about it nothing ever seems to change. For example, the U.S. military actually spends 42 million dollars a year on Viagra. Yes, you read that correctly. 42 million of US taxpayer's dollars are being spent on Viagra every year. And overall spending on “erectile dysfunction medicines” each year comes to a grand total of 84 million dollars… According to data from the Defense Health Agency, DoD actually spent $41.6 million on Viagra — and $84.24 million total on erectile dysfunction prescriptions — last year. And since 2011, the tab for drugs like Viagra, Cialis and Levitra totals $294 million — the equivalent of nearly four U.S. Air Force F-35 Joint Strike Fighters. Is this really where US spending on “national defense” should be going? USA figures are nearly 20 trillion dollars in debt, and yet they continue to spend money like there is no tomorrow.......