Students surprised to hear that some of them have $ 323,051 in national debt
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“Million 10 million?”
“Million 100 million?”
“No, you are crazy, more than that, it is in billions of language.”
“Yes this will be at least $ 50 billion. Probably $ 100 billion.”
When they realize how much money is in national debt, the students are rude. (ISTOCK)
“This?”
“Maybe”
“No, no, it should be more than that. I tell you that it is a trillion dollars.”
“A trillion dollars? Not so much.”
I recently taught my high school seniors about the budget and national debt in the US government class and asked, “How much money do we think? How many money are we? National Loan? “
Their ridiculous response, from billions to billions to 1 trillion, are funny but also sad. Finally, I can no longer hear and, the bad queen does not feel like a poisoning apple to the Snow White, tell them: “TR 37 TRILLIAN $.”
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There is a stunned silence.
After that I move around the room with my hand and every time “Thank you.” Saying so, the students begin to move their hands. They look at me, confused. Finally a boy asks, “Are you thanking us?
The debt watch rotates on one clock like another. There is a clock on February 24, 2012 when the national debt is reduced to 22 trillion dollars. (AP)
“Because you are going to pay it.”
Silence of more stubbornness.
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Many of them have heard one way or the other about Washington’s expenses’ expenses, shortcomings and debt. But by this moment they finally understood what – and they finally did not understand what it means for them. Most of them are worried that they have to take Student Loan Loan – They did not know the other loans they received.
I put usdebtclock.org With a photo of playing in our granddaughter’s back courtyard, and ask, “How much is it?”
It takes a minute, but they find the “per citizen loan” section – $ 108,010. She is 3 years old.
The more urgent interest for them is “taxpayer debt”, because some have already started paying taxes and most others will do soon. That is $ 323,051.
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I say, “Look at that loan watch. What’s the worst number there? Not supreme, Worst”
After a few minutes I directed his attention to this section, “interest on the loan.” This is a little more than a trillion dollars a year.
Their ridiculous response, from billions to billions to 1 trillion, are funny but also sad. Finally, I can no longer hear and, the bad queen does not feel like a poisoning apple to the Snow White, tell them: “TR 37 TRILLIAN $.”
“What do they buy money?” Asks one of them. I take a piece of scrap paper on my desk, he crushes, he holds it and says: “Taxpayer, it is just as worth it as a crushed paper. This money does not create a single hospital or school or bridge.
I show them that in July 2020, the loan service was only $ 386 billion a year and the national debt was $ 26 trillion. I ask why the loan service will now be 2.6 times higher when the national debt is only “1.4 times higher. The answer is that interest rates have increased, which we raise the interest paid on the loan.
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Students try to come with satisfaction. “Why not just pay money by printing more money?”
I explain hyperene reflection, and in 1939 in, two million Dush Mark bills from Germany passes around. I tell the story to go to the store with a German woman’s marking, the story of a German woman to go to the store, she left out for a few moments while choosing some bread and milk, then coming back to search for an old beast.
We watch the onion cartoon video of 1 One “the US government made a fake rebellion to erase national debt” in which a Newscaster informs the viewer:
“The White House today planned the emergency to remove all the financial responsibilities of all American countries by running the American government’s violent power. Fake rebellion began at 10am this morning, when fake rebel leader Octavius Dell Montte killed Congress, then heard that the name of Japan, Japan, Japan, Japan, Japan, Japan.
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Then the Newscaster explained, “Representatives from both sides of the Aisal said that this plan is a great option to reduce your debt after ideas like burning the country for insurance and knowing that Canada is inevitable.”
I ask the students how nervous they are on the national loans in 1 in. There is a pause. Then a student raised his hand and answered, “Because at that time it was only 10 trillion dollars.”
The first battalion’s Bravo company, the American Marine, the sixth Marine, travels to Marjah city in Nad Ali district of Helmand province. In this area, the bomb on the side of the road was disturbed. The spokesperson said that the barrier is bringing the company down. (Royators)
Students want to know how we would have done this with the adults of the story-with the responsible adults. I list some reasons:
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- High cost of medicide
- Two multi-trillion dollars of wars
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- A A military budget The estimate of the Stockholm International Peace Research Institute is more than the next nine countries.
For big political reasons, I ask, “Have you ever argued your parents when someone wants to buy an item?”
Some hands come up. A few years ago, a girl who had a long -term arguing of her parents – wanted to buy a new refrigerator to the mother and Baba said, “We can’t afford it”. They were crazy on each other.
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“What happened? How did they resolve the conflict?”, I ask.
“They bought a new one. I think they put it on their credit card.”
“Well, your answer is.”
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