2004, the federal debt was $7.3 trillion. This rose to $10
trillion when the housing bubble burst four years later.
Today it exceeds $18 trillion and is projected to approach
$21 trillion by 2019. When you break this down to an amount
per taxpayer, the numbers are substantial. The chart below
contains this data which shows how it has more than
doubled over the past 11 years, rising from $72,051 per
taxpayer in 2004 to $154,161 today. As the debt continues
higher, the liability of every taxpayer is also rising. The
change in the amount of the federal debt per taxpayer from
2004 to 2015 represents an average annual increase of 7.16%.
This is much more than the average annual wage increase
during the same period." In "National Debt Tops $18
Trillion: Guess How Much You Owe?" by Mike Patton, Forbes,
24 April 2015.
The treasury holds no treasure, for there is none for it to
hold. Debts and debts and debts and debts might be wonders
to behold; such is but treasure in reverse, a poor travesty
too bold. That comes from what's called leadership when
stupidity is bankrolled.
Treasure once was tangible, now it's a gossamer thing, and
the only tune in the treasury is the debtors' song we sing;
debtory would be the better term to name this entity and
speak more clearly to all men of the damage collaterally.
When treasuries hold no treasure, they are empty in their
name, with the piling up of crushing debts the far more
treasured game; this is plain and simply said, when words
are a tangled knot. A treasury without a treasure is a
national form of rot.
How much, citizen, do you owe which cannot be repaid? How
big are the numbers as the path to hell is laid? How long do
words matter when numbers tell a lie? How corrupt is vision
which cannot even try? How bright are those bright boys who
fiddle to cook the books and how corrupt are their recipes?
Are they bankers or banked crooks? Treasuries without
treasure are measures without measure, and who will stand
against arithmetic's displeasure?
What have you, citizen, when the state declares you chained
to debt you have not bargained for and is stated
unexplained? What will you, citizen, when you soul is bought
and owned, pay upon your bill, when no payment may be
Citizen to serf, enslaved and stamped with debt's long
numbered stain, you'll find your betters atop your heap will
your miseries disdain. The debtory assigns your guilt in
numbers glowing red, and piles more as days go by until you
are long dead. Such is the way the debtory is profligate
with you, because you are expendable under debt's twisting