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20 Trillion Club

  • What is the national debt?  How much is it?  Is it really a problem?
  • How is debt issued?  Who owns it?
  • How does national debt affect me?
  • What is the relationship between debt and inflation?
  • How does the Federal Reserve issue debt without Congress approval?
  • What is the Federal Reserve?

Meetings once a Quarter-August, October,  January, May
national debt
  • If there was a Balanced Budget Amendment, what would stop Congress from raising taxes to meet budget obligations? 
  • If you could stop your total savings from being cut by 50%, would you? 
  • What solutions are there?
  • What do Harvard and other economists say about the debt?

"Money is not that important, but it ranks about 2nd... right behind Oxygen."
Contact Club leader
Some old #s but try this:

* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Now remove 8 zeros and pretend it's a household budget:

* Annual family income: $21,700
* Money the family spent: $38,200
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $38.50

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  • Home
  • Soccer
    • Coach Resources
    • Dynamo
    • Fields-ALL >
      • Field-Status >
        • Field-Hickory Park
        • Field-York
    • Game_schedules_Soc
    • Parent-Coach-Guide
    • Play 2 sports
    • Pro-Training
    • Questions
    • Referee
    • Rules-Soccer
    • Select-Tryouts
    • Sienna
  • Baseball
    • FAQs
    • Fields
    • Game Schedules
    • T-Ball
    • Coach Pitch
    • Kid Pitch
    • Girls Softball
    • Photos - Inaugural Year
  • Flag Football
  • Basketball
    • Game Schedule
    • Practice Tips
  • Swim
    • Coach
    • Meets
    • Tsunami Reports
  • Sponsor
    • Sponsor info
  • Contact
    • Community
  • About