This morning my wife and I were talking about the $787 Billion Stimulus Plan that Obama signed yesterday. The discussion prompted her to ask an interesting question: “What happens if the Stimulus Plan doesn’t work and the people and countries that the United States government is borrowing the money from demand to get paid RIGHT NOW?”

As of February 4th, 2009, the National Debt was something over $10 Trillion, which includes the previous Bush Economic Recovery Plan but not Obma’s Stimulus Plan nor the next one they are working on that is expected to be over another Trillion Dollars.

According to the “National Debt Clock”, about 40 percent of the debt is held by “Government Accounts” (whatever that means) and about 25 percents is held by “Foreign Accounts”.

So, it’s a good question—what happens if it doesn’t work? And what happens if the Foreigners want their moeny NOW or worse yet won't loan us any more?

Grumpy