Topic > National Debt - 354

National Debt The above statement suggests that the government should not make cuts to the social fabric because it can always roll over the debt, therefore the national debt can be ignored. This statement means nothing to many Americans who would never dream of having a conversation about the national debt. Before I read about the national debt, I was one of those Americans who didn't care to realize the trouble my country was in, the land of the free, the home of the brave. The problems will come from the measures a government will have to take to reduce, or even stabilize a $4.5 trillion debt. “Taxation without representation” is a phrase found in our children's history books. Young Americans learn about past events in hopes that history will not repeat itself. Something has failed. Those same children will feel the effects of the good times of their parents and grandparents (accumulation of the national debt). America's children are being taxed and punished. Before their eyes, children's future lifestyles are worsening, while these children are unaware of it. This is an example of taxation without representation. For children, I believe the national debt can no longer be ignored. Nixon, Ford, Regan….the list of presidents who have tried to rebalance the national debt seems to go on forever. This cannot and will not happen. The national debt is eating us alive and must be balanced. Just try, you have to do it. However, there seems to be no end. The United States always seems to be involved in someone's war, causing recession and having to run a deficit to stimulate the economy, but if our country insists on protecting