August 6, 2005
What is the Purpose of the US National Debt?
In my opinion the main purpose of the United States national debt is to segregate financial and social classes.
When I was younger I was so naive that I cared about the national debt and wanted to help pay it down. On their website it says where you can send a check to:
ATTN DEPT G
BUREAU OF THE PUBLIC DEBT
P O BOX 2188
PARKERSBURG, WV 26106-2188
But our government cuts taxes on the rich and then pays them interest for loaning money they should have paid in anyway.
How does the debt segregate social classes?
- It teaches people that it is ok to spend more than they have.
- It gives the government an arbitrary excuse to cut social programs or things related to humanity and attempts at equality.
- It also guarantees that our richest people and companies will earn money back off the country as a whole, and that those who want to rise above that problem have further to dig uphill.
Posted at August 6, 2005 5:58 AM
Comments
Are you going to come see me when you r done with the conference?
I can't...already bought my tickets and did not get a rental car.
might cost thousands to change plans now :(
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