Saturday, January 16, 2010

Should we worry about the National Debt?


Many argue that the National Debt is growing too large that the United States will eventually be crushed under the weight of its own spending. Others feel that the debt is an acceptable and even necessary evil.

Below are two websites that might provide insight into the two sides of the issue.

http://welkerswikinomics.com/blog/2008/06/13/the-us-national-debt-level-is-the-sky-really-falling/


http://www.globalissues.org/article/29/causes-of-the-debt-crisis



Be sure to check out both sights before responding to the following questions:


  1. Exactly who or what is responsible for the growing U.S. National Debt?
  2. Is the debt a problem that we need to address immediately or is the debt a natural occurrence in our economic system.