Evil in Suits and Suites
C.S. Lewis and Thomas Jefferson on debt as a disguised and diabolical evil.
The United States government debt is approaching 34 trillion dollars.
That means the government has spent 34 trillion dollars more than it has taken in from citizens’ taxes.
Suppose you add the government’s “promises to pay” for programs for which the government has no money, such as Social Security, Medicare, government pensions, etc. In that case, the total government debt exceeds 120 trillion dollars.
Quadrillion is the number after trillion.
These amounts are incomprehensible to most Americans.
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