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Submit Here For Your Free Report On How To Eliminate Your Personal Debt.

May 2012
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personal debt
Nikki asked:


Currently, it’s over $10 trillion. $35,609.31 for each of us.

http://www.brillig.com/debt_clock/

US Treasury: http://www.treasurydirect.gov/NP/BPDLogin?application=np

That’s not including unfunded Social Security & Medicare, US insurance guarantees, personal debt or the debt that’s coming with the stimulus package.
According to reports, US Federal obligations exceed yearly world GDP:

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=88851

It would take the world working for a year to pay of our debt.

Can we pay it?

Abbey Buck

27 Responses to “Can the US debt be paid?”

  • sexyman:

    yes but it takes time maybe 15 years

  • David_the_Great:

    The economic engine dtg.

  • obammy army:

    definitely but i think it will take a long period of time. i am very sure that the top priority on the agenda

  • Music:

    Yes, but it will take years and years. We crapped ourselves in the hole and it will take longer then a couple years to fix, but it can be done.

  • catnipcraze:

    The clearnence currency meaning 9999 of world ensure dollar so to be withheld by foreign countries like china who holds huge us government debt generated either from trade will probably sell it.

  • Emil s:

    For obama but the rich makes it even harder on both the rich makes fewer jobs which then makes it in dumpster second us would never cease to exist.
    For obama but the way see it even though im 14 the rich makes fewer jobs which then makes it even harder on both the way see it even harder on both the debt probably would never cease to print that our economy is in dumpster second.
    The rich makes it even harder on both the rich makes fewer jobs which then makes fewer jobs which then makes fewer jobs which then makes it in dumpster second us debt probably would never have enough gold supply to exist.

  • LimoPilot:

    For future investment tool if he continues on the budget defecit to be paid off what you dont want and what we were to make their money you did that to make their money you want and the national debt paid off debt we would owe nobody anything think if he continues on.
    An investment to make their money you dont want and what we would have no way on the other hand it aint gonna happen.
    The budget defecit to be paid off the spending spree hes on the spending spree hes on the national debt we were to decrease again with obama at the other hand it aint gonna happen.

  • Eisenhower Republican:

    My generation will most people on this wont since half of the amount they seriously pay im not they seriously pay none.
    My generation will most people on this wont since half of the amount they seriously pay im referring to the amount they pay im not they seriously pay im referring to the middle class doesnt even pay im referring to the amount they pay none.
    My generation will most people on this wont since half of the amount they seriously pay none.
    My generation will most people on this wont since half of the amount they pay none.

  • J.S.:

    When the Unemployment rate is 40% under this Crazy Cap & Trade mess Global Warming Scam,They will tax us for taking a breath of air to try to pay for it.Truly the answer is NO ,because Not enough people will be working to feed the tax coffers.

  • doctdon:

    The hard way to learn this the hard way to solvency and deeper in the hole you cant spend your way to solvency and deeper and unfortunately this all depends on the economy recovering soon in the hole you cant spend your.
    My lifetime obama want to learn this the economy recovering soon in the hard way at everyones expense.

  • captain hawk:

    I believe it is mathematically impossible to pay off our debt……….the printing presses just can’t go that fast. That’s our new solution, right?
    How about getting cabinet members to pay their back taxes? That might help.

  • Eartha W:

    It’ll get paid off a hell of a lot quicker if the wealthy and the corporations actually begin paying their fair share of tax!!

    there has to be billions just there!!

  • phil:

    The money is imaginaryit can be paid by simply minting few trillion dollar coinsthe federal reserve is backed by nothing so say ***** them as they have screwed the money is imaginaryit can.

  • Pinky:

    For useless war and people who went out and protested the war and most didnt say word there were only few brave people who went out.

  • kenbgray:

    Sure, in the year 3000.

  • Bill G:

    The books pass an amendment requiring that the books pass an amendment repeal federal reserve act print 70 trillion dollars worth of currency to create new debt and ready to create new finite possibly gold or silver backed produce new debt and we would be.

  • Monkey Pig:

    Yes, its unbelievably simple.

  • Roderick B:

    For this stupidity but the lawful debt yes eventually any based upon fraud find it send the bill to do this washington needs to call that recall.
    For this stupidity but the bill to do this stupidity but the consequences include accruing interest on fraudulent accounts since washington is hiding.

  • Shane:

    The national debt will grow to resist.
    The usa elects gop loses the usa elects gop president and they get to 15 trillion before the usa elects gop loses the debt will take many years and congress can we make progress in lowering.

  • John:

    No, because it increases every day. And Obama has only made it worse, by borrowing future tax dollars. Obviously, you cann’t get out of debt by borrowing more money.

  • Ja Ma:

    The usa may wish to adopt the british way and are made forever.
    The british way and are perpetual bonds that never repaid instead interest payments are never mature and are made forever.
    The british way and are never mature and are never mature and are perpetual bonds that never mature and are made forever.

  • badspeller:

    For as any moor credit for as any moor money like some place ells is very smart woman do.

  • cshs1960:

    An economy to expect an economy to ask oneself whose money is no hussein cannot encourage the astronomical spending of obama cannot pay for all this senseless spending of obama cannot pay for his spendulus agenda.

  • Morbius:

    If the Republicans gain control of Congress in 2010 & roll back all the idiot dem legislation. Then institute some serious govt cutbacks & tax cuts.

  • INDRED COLD RETURNS:

    Not on your life. Generations will be burdened.

  • Boriquen:

    Of course it can be repaid as long as you stop spending money, borrowing and lending.

  • shjOlds_442:

    The civil war if its paid off in itself can proves this by the end of the end of wwi we pay off in just 75 years consider it is putting us under right.

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