The problem is a borrowed money supply.

All our money is borrowed.  It has been that way since 1790. 

How is that a problem?

Where do we get the money to pay interest?

We get it from the borrowed money supply.  So when we pay interest, we reduce the money supply and find ourselves in a “panic, depression, or recession.”  In the 200+ years of the history of the United States, we have had about 50 of them.  Our guidance system is not working very well.

We can end the growth in debt by all but ending interest.  Bring it down to zero to 1/4 of one percent, like the FED did for banks borrowing from each other.

James Jackson, first congressman from Georgia, warned the First Congress on February 9, 1790, if they adopted Alexander Hamilton’s plan to fund the debt, “Though our present debt be but a few millions, in the course of a single century it will be multiplied to an extent we dare not think of.”

Total debt, not just Federal debt, hit a ceiling of $70 trillion in 2008 and we cannot increase debt enough to keep up with the debt growth trajectory.  We must bring interest down near zero.  A small amount can pay banks as a fee for service.