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Think the National Debt is Too High? Uncle Sam Takes Donations!

November 15, 2009 - 9:09am
Nick Coons by Nick Coons


The U.S. national debt, which currently stands at $12 trillion dollars, is an outrageously unmanageable number. The government is taking donations to help pay it down. And don't worry -- Any donations that you make are tax-deductible. In Fiscal 2009, donations reached $3.1 million. If we can do that 3,870,967 times over again, then we'll be all set.

It's extremely bold, to say the least, for the government to put a donation program in place. The money that they spend has already been stolen from us, literally. The quote of the day comes from this Yahoo article, which compares giving to the debt versus to private charities: "And blessedly, unlike most charities that reward you for giving by bombarding you with solicitations for more money, Uncle Sam will acknowledge your gift but then never bother you again." I'd gladly send the government a $100 check if it meant that they'd never bother me again, but I don't think that's what they really meant.

Certainly there's nothing wrong with simply asking for money. But to ask someone for money, someone whose house you regularly burglarize, because you're having difficulty making your mansion's mortgage payment, takes a lot of... something.

Politicians made promises to pay out using money that wasn't theirs and that they didn't have, and surely they weren't representing us when they swiped their credit cards up to $12 trillion. They are responsible for paying the national debt. Short of that, government-owned assets should be sold off to make good on the debt. But in no way should the population, especially many of us that weren't born (or aren't born yet), be responsible for a debt in which we had no say and no control over.

Related Content:

Funding Goverment - Updated - Richard Sutton
Unfunded Liabilities and the National Debt - Richard Sutton
National ID and Personal Privacy - Austin Raynor

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