“If it bothers people, then it's working.”
-Seymour Durst
inventor of the National Debt Clock

U.S. National Debt Clock Definition and History
by Kimbery Amadeo
updated Nov 08, 2016
the balance - US economy
Originally Posted by article
"... your children, and your grandchildren must pay 100% of the debt through higher taxes. That looming tax increase dampens expectations of future economic growth. It's a big threat to the quality of life for future generations.

Second, increasing debt means the government is becoming more involved in your life through the programs the debt is paying for.

Third, much of the debt is financed by loans from foreign governments. That means they now have a voice in what happens in the United States."
The 2nd point in this list reminds me of this old post discussing the irony of the 2 meanings of FREE (as they are at odds with each other): free meaning without cost at point of service -vs- free meaning having personal liberty. It seems that many people are interested in giving up BEING free in order to GET something for free.

The 3rd point in this list calls to mind a theme mentioned on the back cover of this book: Confucius Didn't Say