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I agree with the above 2 comments. I too was there!

Also note another big thing that didn't make it into the Beacon.

Both Senators bragged about how they had a well studied and well thought plan to lower the defecit over the next 10 years but neither Reed nor Whitehouse could answer the most basic fundemental question. "How much are the interest only payments costing each year." ( How much are we spending on the debt.)

Reed guessed 160 Billion and Whitehouse didn't know.

I spoke to both senators and emphasized to them that noone in the room including could answer how much are the interest only payments on America's $16 T debt.

It at best troubeling they couldn't answer because moments before they bragged about how they studied and are fixing the defecit.

Troubleing when they couldn't answer my question.

Read answered me, 160 Billion? I said No senator, 365 billion.

Whitehouse didn't know and yet there he stood an hour ealier saying how he helped plan a 10 year prospect into the future.

When I asked random people in the crowd, one at a time, how much do they think we spend noone knew, or could guess.

I said to the Senators both you are failing the people not knowing and not educating people. Nobody has a clue the debt actually costs money.

The people should KNOW what we spend each year and how much we will be spending 10 years from now when the debt is $20 Trillion and how much it will cost when debt is $26 Trillion.

I said, It's ironic we are standing in a highschool of the kids who will have to pay for the debt and yet people here DONT KNOW WHAT WE PAY?? Do these people think we borrow the money from a friend that is not charging interest?

I said none of them know anything about what reality of the payments we pay because you fail us.

I stated to both Senators I know that you guys pray eventually something fixes the economy while endlessly spending more borrowed money. You hope to kick the can down the road a little Senators pray things turn around. He admitted I was right. They hope kicking the can down the road will be enough time to stall so an improving economy can then correct the path of this downward spiral.

I said, that's not wise, The debt is already too high and the prospects you hope happen may not materialize.Then what.

Another economic boom you pray for may not realistically happen and the American people will not be prepared for it.

You are all to busy grandstanding on the Senate floor that your lowered the defeciet by a few dollars while the debt continues at record pace.

I said, I understand your economic theory that when the economy goes into a slump it's a good time to invest in infrastructure but honestly I seriously don't think this is a temporary slump and you may be putting us far too deep in debt.

I reminded them both the invention of the personal home computer in the 90's that included sales to the entire world of our American made hardware, software and websites gave us a strong economy and our investments really took off when investors took advantage of that booming technology and the lowered tax on investment income.

That all was great it really was, but I seriously believe it was a rogue wave. It was not the normality of America's future and we may never see an economic boom like that again.

We want to believe that will happen again, and these two Senators definately want to keep borrowing until it does. But we seriously should be preparing for a wake up call.

I said to them in my final comment the 2% sequester was a missed opportunity to teach the American people this may be a sample of things to come if America can't find something new to develope and produce to the world.

I said, The fact that our government is taking loan after loan because for now we are affording only the interest is not going to end well if we keep going down this road.

It is scary to know politicians are good at "the blind leading the blind".

Other than that, I have no strong feeling on the subject.

From: Whitehouse serves answers to hot crowd

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