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Our 2012 Voting And Why It Will Matter More Than Ever Before

Updated on October 25, 2012

Keep spending more than we take in, and we invite second-rate status, and being at the mercy of our lenders!

Yes, I'm concerned.  I know you will be too.
Yes, I'm concerned. I know you will be too. | Source

How important is November 2012, and why?

In 2011-2012 Unemployment, Foreign Wars, Trade Imbalances, Public Dissatisfaction....all those are big issues, big problems, but Debt is the real dirty word:

$600 Million a day was the growing interest on our National Debt (Deseret News Editorial, July 20, 2011.) Now it is even more, but even that worked out to $219+ Billion per year! Perhaps not right now, but soon the once sanguine lenders/speculators we pay that to will want even more of that compounding interest just because Congress and the president squabbled over default last summer.

If "default" was a dirty word then, "debt" is a downright filthy word now!


For more years than most of us have lived, sound local leaders have urged individuals to "get out of debt, save, prepare ahead, and do plastic surgery on all your credit cards."

Where was the national leadership in all those years?

Why was our government routinely taking on more debt until today it is almost $16 trillion dollars? That is more than $133,000.00 of debt for every US taxpayer (check out it will show anyone that our nation's debt is out of control!) And, if you want to see how quickly debts are growing, go to that website and wait a few seconds while it loads the constantly changing and growing numbers. You will be staggered.

Until only a relatively few years ago our National Debt was made up of what were called "bearer bonds" and we didn't even know who we owed the money to! Yet, Congress, even then, commingled the Social Security revenues with the general fund and spent them, while with or without a budget they borrowed still more from their favorite lenders/speculators.

It is that commingling and spending that has Social Security in jeopardy. Now the current Congress is divided and stalemated between "borrow more and somehow spend less," or "borrow more, tax more, and somehow spend less." If we can believe any Republican or Democrat in Congress will spend less as long as they can borrow more, we are ignoring their long history of taxing more and spending more!

The "tax more" supporters have always had a comparatively easy time of it in years past, and only lately has that power to raise taxes met toay's serious challengers. And it isn't just challenges coming from the Tea Party or candidate Ron Paul. The focus on "the need to raise the debt ceiling" was obscuring the obvious fact that the debt and decades of failed national leadership got us into this mess in the first place.

We still lack sound national leadership, and without a solution for repaying the debt, there is no lasting solution for our national economy. "Solution" is the good word we must discuss and apply now. Try this: search President Obama's speeches since Congress raised the debt ceiling. Then search the speeches of the Republicans who want to send President Obama packing. Which persons running for reelection or election even propose a "solution" for coping with the national debt or stabilizing Social Security (check for yourself how much Congress and past administrations owe the country on that one!)

That national debt is exactly that, a national debt. You and I owe it together with every taxpayer and taxpaying entiity in our country. Congress could spend nothing... zero... and the debt would still increase about $225 billion this year!, if nothing was done. And there are so many things which are not being done, that the figure is sure to be even higher. The interest on the national debt is compounding while many in Congress are devoting much of their time to raising campaign funds, rather than doing what we sent them there to do.

We don't have to figure out the "solution." They do. And political rants and squabbling were not what we had in mind when we sent our so lowly esteemed representatives and senators there to work for the good of the country.

If you don't think they can reinvent themselves and get the job done, then look for candidates who have the wits and the guts to give it their best shot. Nothing short of the very future of America is at stake, and time is rapidly running out . The interest and amount of the debt right now is growing as fast as you saw on .

Our 2012 votes have to be part of the "solution." Let's all make them count!

(c) 2011 Demas W. Jasper All rights reserved.

How important do you think the National Debt is?

On a scale of 1 to 10 (1 being the highest importance and 10 being the least importance), how important is solving the National Debt problem?

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    • Perspycacious profile image

      Demas W Jasper 17 months ago from Today's America and The World Beyond

      and now? The National Debt is $19.935 Trillion and the interest alone on that debt is +$48,000 every minute! Each citizen (man. woman, and child owes a combined federal and personal debt of $116,500.

    • Perspycacious profile image

      Demas W Jasper 3 years ago from Today's America and The World Beyond

      And now? The National Debt we owe is $17.7 Trillion+ and each taxpayer owes $152,000+ !

    • Perspycacious profile image

      Demas W Jasper 5 years ago from Today's America and The World Beyond

      In the few months just since this was written, your share of the National Debt has increased $8,000.00 to $141,200.00 and the National Debt has grown from $15.6 trillion to $16.2 trillion!

      The "gimmes" have already passed to "gotchas" and they are pulling away from all of us.

    • profile image

      Perspycacious 5 years ago

      It is time to look at this one again, and to see if anything at all has changed to make this election anything other than the most important election in our lifetime.

    • Perspycacious profile image

      Demas W Jasper 6 years ago from Today's America and The World Beyond

      greatparenting: I agree that one key is to vote. Another key is to know what we are voting for and against. The link in this article to the US Debt Clock also lists the biggest government expenditures and where that $15.6 Trillion dollars presently goes. The new debt ceiling is $21 Trillion and with no changes, those extra $6 trillion will go where the last trillions went and with nothing but these "good times" to show for them.

    • Perspycacious profile image

      Demas W Jasper 6 years ago from Today's America and The World Beyond

      I have added another link to this article and it is a link to a fine article by another HubPages writer who has written authoritatively on a key concern you will need to have in mind as you size up who can effectively lead America in the coming four year so critical to America's future.

    • Perspycacious profile image

      Demas W Jasper 6 years ago from Today's America and The World Beyond

      I have added a new link to this Hub which shows that rather than addressing the growing National Debt, the current proposal for a budget actually sees it increasing! The link explains why. We should all read the link and pass it on, with our own comments to our congressional representatives as soon as possible and come up with a budget that does address, and reverse, the problem.

    • greatparenting profile image

      greatparenting 6 years ago from philadelphia, pa and corolla, nc

      I agree with the importance of the 2012 election, regardless of which issue matters most to each individual. If anything matters at all, VOTE! And teach your children to do the same.

    • Perspycacious profile image

      Demas W Jasper 6 years ago from Today's America and The World Beyond

      How important is this Election 2012? What difference can you make? Frankly, voting is important, but you can have much more influence by campaiging for the candidate of your choice. Why not get involved, before the dice stop rolling?