Sweet 16

TreasuryDirect is reporting that the US government debt has now surpassed $16 trillion.  It only took 290 days to amass another trillion dollars of debt (an average of $3 billion per day).  It is inconceivable that the US government will be able to ever repay its obligations, with a US dollar worth anything close to what it is today anyway, and the picture is much, much worse if unfunded future liabilities are included.