posted on Oct, 7 2012 @ 03:42 AM
First, my apologies if this comes off as some kind of a 7th grade school test. But since the national debt is one of the fundemental issues and main
talking points this election cycle, it seems to be a crucial subject, particularly when a decision is in any way based upon it.
Here's the challenge. Explain the difference between debt and defict, what is accumulated, public and intra-governmental debt, how much money does the
United States owe to foreign countries and how high is the total amount in fact.
Try to do it first from the top of your head, so to speak. Although, any thorough examination would inevitably lead there, leave out any 'conspiracy
angle' for now.
edit on 7-10-2012 by talklikeapirat because: ...