The global economy seems to be in a debt crisis. The National Debt (what we owe) of the United States is now over $18 Trillion dollars and growing every day. Our Gross Domestic Product (our income) is around $16 Trillion. That means our debt is more than our income.
Does this make you feel uneasy that we may be "bankrupt" in the very near future? Explain
2 answers
No. If we can pull back our military spending, we should be in the black soon.
The U.S. needs to break its obscene support of military industries.