Comment Re:You really didn't understand the article (Score 1) 1374
I think that Default Luster is gettinng the Trade Defecit and the National Debt confused.
The Trade Defecit is not necessarily a bad thing, as the SBA website stated it will eventually encourage more US products to be exported.
On the other hand; The National Debt is something that I myself have always paid very close attention to. Every year the average American taxpayer pays two thousand dollars in taxes to cover merely the intrest that our nation debt accumulates. That figure is ridiculous and I strongly believe that we need to have a Zero Balance Budget for our nation. For thouse of you that aren't familiar with the term, a Zero Balance Budget means that our president accounts for our nations debt in planning the countrys budget and by the end of the term the budget is balanced. It may seem like an impossible task with the debt at an ominous 6,823,880,316,308.28; but its only getting worse. Take note, thats nearly 7 TRILLION dollars.
I don't know slashdots age demographic, but if many of you are young, as I am (18 years old), then take note because we are the ones that will be paying for all the fun spending that all our parents did. Ever hear of national defense program "Star Wars"? we get to pick up the check, and with with 20 years intrest to boot!
The Trade Defecit is not necessarily a bad thing, as the SBA website stated it will eventually encourage more US products to be exported.
On the other hand; The National Debt is something that I myself have always paid very close attention to. Every year the average American taxpayer pays two thousand dollars in taxes to cover merely the intrest that our nation debt accumulates. That figure is ridiculous and I strongly believe that we need to have a Zero Balance Budget for our nation. For thouse of you that aren't familiar with the term, a Zero Balance Budget means that our president accounts for our nations debt in planning the countrys budget and by the end of the term the budget is balanced. It may seem like an impossible task with the debt at an ominous 6,823,880,316,308.28; but its only getting worse. Take note, thats nearly 7 TRILLION dollars.
I don't know slashdots age demographic, but if many of you are young, as I am (18 years old), then take note because we are the ones that will be paying for all the fun spending that all our parents did. Ever hear of national defense program "Star Wars"? we get to pick up the check, and with with 20 years intrest to boot!
