National Debt and Homelessness

Where is All that Money Going?

I am having a real hard time understanding the increase in the National Debt this week. I think that this is similar to the credit card company increasing my credit limit from $10,000 to $122,000 overnight even though I have no way of paying this amount of money back. But it is not like this at all is it? There is no credit card company in the debt limit, but the Congress is spending and approving their own debt limit themselves. So, where is all this money going? The Washington Post has a commentary about spending frenzy the day the debt ceiling went up.

We were told that the conservatives are good stewards of our government, because they would reign in "out of control" spending. So the budget is out of control and yet we are not solving any problems. I do not feel any safer with the massive spending on "Homeland Security." We have taken over another country for who knows what reason. Energy pricing is more unstable than ever before. Our food supply is not safer. Medicine is still very expensive, and our schools are still struggling with budget shortfalls. We are not any more secure from the outbreak of disease or deadly flu. We are not making great discoveries or stopping the warming of our planet. So, where is all this money that my kids are going to have to payoff going? It is not solving homelessness or poverty. Can someone please tell me where is all this money going, and what happened to all the "fiscal conservatives?"

Brian
Posts by Northeast Ohio Coalition for the Homeless staff and Board.