A lot has been made of the debt we’re incurring, and to some degree it should be.  Like consumers, our country needs to be aware of the debt load we’re taking on, why we’re taking it on, and what would happen if we did not.  Our country’s leaders at any certain time has to ask themselves these questions when considering adding to the national debt.  For example, the two largest run-ups in America’s debt have been under republican presidents.  Rather odd isn’t it?  Well when you look at why and the outcome, you may or may not agree we needed to do it.  Ronald Reagan busted USSR by escalating defense spending until the Russians could no longer hang with us..now I know there was much more going on that that, and I’m simplifying, but that’s why were were spending… George Bush decided we needed to engage in war in the middle east. Again, whether or not you agree it’s irrelevant.  The point is, leaders have to ask themselves these questions. Why, What if, and What if We Don’t?

But what’s absent in a lot of the rhetoric is putting debt in perspective.  The caveat is I’m no economist, don’t pretend to be.  I’m a marketing professional.  And because of that I know how the spinsters think and work.  They’re going to focus on the raw number…for example…Look how much more I’m paid than my grandfather…looking at the two numbers, you’d think he was an illiterate idiot…but put that in perspective with the cost of living and suddenly you go…”oh!”  So here’s the deal…when you think of debt…think of it relative to what we output here in the USA..or..our GDP… When you do this, you see that the debt we have incurred is not as bad as we’ve taken on historically, and if we manage it going forward, it should be ok.  Now I’m not projecting what the out-years of what the government is doing because there is NO WAY to KNOW what is going to happen…any one that says they know is simply guessing…Because the greatest minds on Wall Street, including Warren Buffet himself didn’t see this mess coming… So, stay calm, stay informed watch what’s going on…but please…don’t tune in to either side’s spin machine…because I assure you, they are spinning it to whip you into a frenzy, create division and make a listener of you… Here are the charts…make of them what you want…or will… and keep it balanced, and positive!