The economy is facing mammoth challenges. The prices of goods and services are surging, consumer confidence is falling, shortages of labor and all materials are pervasive, and now comes another threat. The national debt of the nation has passed a milestone, reaching a staggering trillion on February 1. That the national debt has reached trillion is significant. This amounts to ,000 for each citizen and 0,000 per American taxpayer. The gargantuan debt represents a perilous fiscal trend, encumbering future generations of Americans with the burden of paying it. The trillion threshold occurred much sooner than had been...

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