National Debt On Children

Decent Essays
Currently, the United States owes approximately $19 trillion in National Debt. It is owed to Mutual funds, pension funds, foreign governments, foreign investors, American investors and many others. From the year 1959 to 2015, the United States debt has gone up by around 7554% from the debt in 1959 starting at $285 billion. The debt itself has increased by around 9 trillion since Barack Obama has taken the Presidential office in 2009. Everything has been done to increase national debt, but nothing has been made to reduce the national debt. In this political cartoon, it shows that a child got a bill for the National Debt for Christmas and is very unhappy about it. This cartoon translate that the future generation of children to come will suffer
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