I was listening to the radio this morning and heard how the government invites folks to donate money to help pay down the national debt. Brilliant!
Read more about it here. The national debt is rapidly moving toward 12 trillion dollars. I don’t even know what a trillion means.
(Googling it now)
Take those concepts and multiply it by 12 and you’ll get the national debt.
Want to watch it grow before your very eyes? Check out the national debt clock. It will make your brain hurt a little.
The national debt interest is so substantial that it’s about 8 percent of the 2009 annual federal budget. Just think of all the things we could do with that 8ish percent!
Now, it won’t be easy. According to the debt clock, each citizen will need to pay $38,954 (as of this moment). Yes, this includes babies. Or, if we think it better, we could just have each taxpayer make a one-time donation of $110,442. You can afford that, right?
What’s more, these donations are tax-deductible. What bonus! I wonder if the government will send you those little pre-made address labels as a “thank you.”
We’ll just do it the Dave Ramsey way — with gazelle-like intensity making a massive debt snowball.
And then we’ll build up a national emergency fund so we won’t have to be in debt again. And then we’ll take all that money we were throwing at debt and then buy a nice house, go on vacation, and send our kids to college.
You’re ready to write a check, aren’t you? I am.