Originally Posted by Nightshade

Not sure I follow your logic but if you are referring to how national debt is accrued it is basically debt of our nations that is brought about by loans from various sources and many times extended trade agreements. These are standing debts that can be bought by anyone with the money, currently China holds the better portion of our debt in their hands and if they saw fit they could call it in at will. They haven't because if they bankrupt our economy theirs follows suit and so on.

National debt is a very real concern and cashing in on our childrens futures is not the way to go about resolving our financial problems. It has been proven several times over that throwing money around like this does nothing to stabilize the economy, this is nothing more than a band aid that will fail miserably and cause decades of grief.

I don't know about you but when I get to be 65 I don't want to have to rely on my kids to pay my way because SS or my retirement plan isn't there.