Ok … Let me boil this down to the simple and bring it home (literally).

The current US Federal government’s annual income in taxes/fees/etc. (i.e., what the IRS takes into the General Fund with which it can pay expenses) is $2 Trillion.
The current US debt is $17 Trillion.
That is a debt to income ratio of approximately 8.5:1.

Let’s compare that to the average family of four.
The average annual income for a family of four in the US is approximately $50,000.
The equivalent debt would be $425,000.

You tell me… would you lend that family any more money? Would you even lend them THAT much?
I’m guessing there’s not a banker in the country that would take that risk.

Keep in mind, this is unsecured debt. This would not include such items as the family’s mortgage (house), car loan, etc. It would be the equivalent of credit card debt. $425,000 in credit card debt on a $50,000 income!
I’m presuming most of you readers are relatively intelligent and answered no to both those questions. So why then was it ok for our representatives in Congress (and approved by the President) to increase the US debt limit and allow the federal government to borrow additional money?! How many more times are we going to allow our elected representatives to do this before we say “ENOUGH”?!

A) that is YOUR debt if you are a US citizen
B) that is only the federal debt. It does not include state and local debt.