The  New York Times  yesterday showed the following. It was 14 years ago when I published in the  Huffington Post :   THE SIMPLEST SOLUTION FOR OUR NATIONAL DEBT... And I said, this simplest solution was to INCREASE it. Note, find 2014 on the above graph, and when you do, our national debt seems to be on an exponential rise, and projected to zoom up even faster if the Trump Beautiful Bill passes. Does it really matter? Maybe not. In my article, I intimated that most of you ( the readers ) equate our national debt to your personal debt.  We all want to minimize what we owe. Further, to quote from that article. You feel that our government has irresponsibly built up a $14.3 trillion burden and can't any more tolerate this travesty, for just the interest in this loan is crippling our economy. Wrong! Or, at least, suboptimal . 14 years ago, our national debt was $14.3 trillion.  Now?  $36.2 trillion. How has the USA done financially? By any measure of...

For nostalgia Tuesday today, I will focus on  our national debt .  Why?  Republicans will make this a crisis matter because our borrowing limit has been reached.  While they might have a point, Republican presidents have tended to have caused this problem, and anyway, the whole concept of debt being bad might not be all that true. This debt could well very shortly  zoom past $31.5 trillion,  or $94,210/person. Was $1 trillion in 1982 and $10 trillion in 2008. The four highest annual budget items. Medicare/Medicaid:  $1.5 trillion. Social Security:  $1.2 trillion. Defense/War:  $0.8 trillion. Interest on this debt:  $0.5 trillion. The  sources of revenue for our Federal government : Individual income tases  50%. Corporate taxes  7%. Payroll taxes that fund social insurance programs  37%. Click on  THIS  to see how the USA compares with other nations. As one of those graphs below shows,  Republican presid...