Problem: Discuss the United States National Debt - is a $30 trillion dollar debt a good thing? Review the information contained on the website USdebtclock. In addition to the current national debt, there are statistics for the Unfunded liabilities for social security and Medicare. Please discuss how the government can cover these future expenses when it is already in debt $30 Trillion dollars. Take a moment to review the Debt Clock Time Machine in the upper right corner which shows the amount of the debt in the past as well as the prospect for the future; with the United States in definitive debt, would citizens be willing to make tough decisions to preserve the nation, or do they only care about the immediate and therefore are not willing to participate in necessary changes to help the country and the economy, and what might be the consequences of various choices on the economy? Finally, review the state debt clocks, and discuss how the strong Tax and Spend philosophy of California effects the states solvency and credit rating of the State of California.