I found this interesting:
"The U.S. incurred debt during the American Revolutionary War and it grew until 1835 with the sale of federally-owned lands and cuts to the federal budget.
As a result, the U.S. actually did become debt free, for the first and only time, at the beginning of 1835 and stayed that way until 1837. It remains the only time that a major country was without debt. Andrew Jackson and his followers believed that freedom from debt was the linchpin in establishing a free republic.
During the Civil War, the debt grew over 4,000%, increasing from $65 million in 1860 to $2.7 billion shortly after the war ended in 1865."
Right now over 31 Trillion and growing.
Up 210% by 2053
"Today, our deficits are caused mainly by predictable structural factors: our aging baby-boom generation, rising healthcare costs, and a tax system that does not bring in enough money to pay for what the government has promised its citizens."
Will be interesting to see who the "one term" politicians might be who will step up to the plate and correct this economic cancer before our nation becomes totally insolvent!
BTW, will take a major coalition of men and women who are selfless and courageous, with a righteousness deeper than words!
Hoping for my grands sake America can produce such leaders.
All this was triggered in my devotional time this a.m.:
"Beware that there be not a thought in thy wicked heart, saying, The seventh year, the year of release, is at hand; and thine eye be evil against thy poor brother, and thou givest him nought; and he cry unto the LORD against thee, and it be sin unto thee. Thou shalt surely give him, and thine heart shall not be grieved when thou givest unto him: because that for this thing the LORD thy God shall bless thee in all thy works, and in all that thou puttest thine hand unto. For the poor shall never cease out of the land: therefore I command thee, saying, Thou shalt open thine hand wide unto thy brother, to thy poor, and to thy needy, in thy land."
Deuteronomy 15:9-11 KJV