Most of us don’t understand the extent of our government’s indebtedness, but we do know that we’re saddling our kids and grandchildren with a ton of debt. No one’s happy about that, but what can we do?
Here’s an interesting interactive graphic that will help you and your teen get a handle on exactly what can be done to pay it off. It’ll get you both talking about where cuts should be made and/or taxes should be increased. Each decision you make reduces the debt….but also has repercussions.
Try it and see what I mean. I actually got the whole thing paid off fairly quickly. But I have a feeling some of my decisions wouldn’t be very politically popular. Oh, well, I’m not running for office. But I’d vote for anyone who would make the same cuts I did 🙂
P.S. The time your teen spends on this should count towards a civics or government unit.