What is national debt, except a number? How would you repo anything/s to settle the national debt?
Do you really think the powers to be care about the Debt except giving it lip service?
Do you really care about your personnel debt?
Last, lets get a pool going for when a national sales tax will be levied to "Pay off/down" the national debt that the people of this nation never created in the first place,...
Most citizens don't really care much about "National Debt" from their country as they don't directly see it.
However it is perhaps the most powerful tool the international banking elite have in controlling the world.
In the USA it's not as obvious how much enslavement it entails, but once it gets high enough.....
Your politicians "borrow" money that they don't care about to spend on "free stuff" for those that didn't earn it and then you can bet your children and grandchildren and great grandchildren will be slaving away to pay it off even if they don't understand it.
For some really recent examples about how it's used to control a country.
EU vs Greece
EU vs Cyprus
EU vs Ireland
Or the current even more dangerous Chinese "Belts and Roads" push.... make sovereign loans that countries can't pay back and when they can't pay, seize strategic or economic assets for example how they got their new 99 year "lease" on the new Communist Chinese military base in Djibouti...
What most folks don't understand is that sovereign debt is designed by the banking elite to never be able to be paid off, it's designed to be a permanent way to enslave the country. Sure you hear about some south American country defaulting on their debt.... what you don't see reported in the news is that most likely the repayments on the loan that they "defaulted" on probably already equaled 3 times or more the original loan amount and the country has been driven into poverty & bankruptcy... Banking elite don't care... they just got 3x their money back, get to play "poor us" card and then slip their shell companies in to help with the "rebuilding" of the bankrupt country once they force a regime change while acting all "helpful". Then they start the cycle over again of having fun using the country as their slaves.
There is a reason why so many of the religions started out with a very hard, harsh, clear stance on loaning money for interest, specifically because it quickly lets a small group enslave the rest. But the lure of it is so powerful, that eventually each of the religions was "modified" to allow it under some guise or another, as the rich elite, not only influenced the government, but also "supported" the religious order...
If someone wants me to spell it all out, I can, but basically once those that control the money printing start making loans for interest, it is logically impossible for the debt to be paid back ever.
No matter what politicians lie about in "paying down the national debt" the actual truth is that it's not possible without very harsh sacrifices & an entire generation having to be practically slaves, that nobody wants to deal with, or doing what a certain Austrian did & telling the banking class that tough luck, all your stuff is void and null and all your loans are cancelled & the government of the Socialists now owns and prints all the money, and no getting passive income any more, government gives out interest free "social loans". (And you won't get away with doing that unless you are actually going to do a full out global war and plan to win it). As it is now, we have to borrow close to 1/4th of our budget in the best case scenario.
To just get even on national expenses would require the complete removal of just about ALL government social programs, most of the government departments being shut down as well as complete ending of all foreign aid, and some cuts in the military. Good luck getting that passed, as the FSA has more votes than the taxpayers. As Romney correctly pointed out and was savaged for, less than half of the population is paying the taxes on which everything runs (And nope the Social Security recipients are living off other people's taxes so they can act all offended but nope their money was spent long ago, they are simply another social benefit program wrapped in a lie).
This is also why the stated goal is slow but steady currency devaluation (The central banks all admit it openly, they target around 25% per 20 years), it's another stealth tax that slowly eats away at the wealth of the working & saving population while making it a bit easier for the governments to manage their debt.
The debt isn't going away till there is a full on crash and collapse of civilization.
