Comments on: I.O.U.S.A – The National Debt Crisis http://www.kickdebtoff.com/i-o-u-s-a-the-national-debt-crisis/ A Christian Perspective of Money and Debt Tue, 10 Jan 2012 21:40:02 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Joe http://www.kickdebtoff.com/i-o-u-s-a-the-national-debt-crisis/comment-page-1/#comment-325 Joe Thu, 15 Apr 2010 05:10:58 +0000 http://www.kickdebtoff.com/?p=752#comment-325 @Kevin i TOTALLY agree with you on this, and the then on individual level we have to take personal responsibilities to get out of debt. Imagine if the goverment start giving tax breaks for people who save a set amount of money per year (based on income) instead of tax breaks on spending.. can it change our mind - or we are so conditioned to spending, that such an offer will not be a motivation? @Kevin i TOTALLY agree with you on this, and the then on individual level we have to take personal responsibilities to get out of debt.
Imagine if the goverment start giving tax breaks for people who save a set amount of money per year (based on income) instead of tax breaks on spending.. can it change our mind – or we are so conditioned to spending, that such an offer will not be a motivation?

]]> By: Kevin@OutOfYourRut http://www.kickdebtoff.com/i-o-u-s-a-the-national-debt-crisis/comment-page-1/#comment-323 Kevin@OutOfYourRut Wed, 14 Apr 2010 23:34:02 +0000 http://www.kickdebtoff.com/?p=752#comment-323 Jeff - I think it's the sheer size of the national debt and the future projections that are causing people to yawn at discussions of the debt. The numbers are so big that they defy comprehension. It's like an ant that's unaware of the trees around it. The other point is that we've been continuing to manage with large and growing numbers, so a deep level of complacency has set in. There have been silent consequences, such as the gradual erosion of living standards and a greater reliance on personal debt in the face of it, but most don't make the connection. My fear is that the debt won't be seen as a problem until it's too big to be tamed. Then we'll all be asking the age old sucker question, "what WERE we thinking?!" Jeff – I think it’s the sheer size of the national debt and the future projections that are causing people to yawn at discussions of the debt. The numbers are so big that they defy comprehension. It’s like an ant that’s unaware of the trees around it.

The other point is that we’ve been continuing to manage with large and growing numbers, so a deep level of complacency has set in. There have been silent consequences, such as the gradual erosion of living standards and a greater reliance on personal debt in the face of it, but most don’t make the connection.

My fear is that the debt won’t be seen as a problem until it’s too big to be tamed. Then we’ll all be asking the age old sucker question, “what WERE we thinking?!”

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