America’s debt is so high now that is is likely that most people cannot grasp just how serious the situation is. I mean, does the average person on the street really understand the difference between 14 trillion and 14 billion dollars? How can they when most of them are struggling just to get or keep a job that pays maybe $50,000. People can visualize how much a million dollars is and maybe even a 100 million but when you get into the billions and trillions, I would guess that a lot of people tune out because those numbers are hard to put into perspective.

Debt relief grants are what too many people are searching for these days because they are behind on their bills. But what most families owe pales in comparison to what trouble our politicians have gotten this country into. The graphic below puts our countries debt into terms most of us can understand by comparing it to a families household budget. As you can see, the money the USA is bringing in isn’t anywhere near what is going out and the amount of debt we have racked up so far is about 6.5 times the yearly income. If the America were a family, that family would be BANKRUPT!

It is obvious that the last 10 to 20 years, we have all been asleep at the wheel. We can blame Republicans or Democrats for this crisis but the responsibility really lies with us, the voters. Individuals don’t seem to adhere to the importance of saving anymore and they have been electing politicians who don’t save either. Everyone seems to like to spend and now we have a situation that might not be reversible.

Because of our high debt we have a poisoned atmosphere in the U.S. like I have never seen before. Poor vs. rich, unemployed vs. employed, Democrats vs. Republicans, Liberals vs. Conservatives, citizens vs. illegal citizens, and all sorts of other groups pitted against one another. It’s crazy and much of the anger is a result of America being in so much trouble economically.

What can you do? START SPENDING LESS AND SAVING EVERYTHING YOU CAN. Lead by example and teach your kids how important it is to NOT spend money until they have it. We have to change the culture in this country and go back to the basics again.

Debt is big business in America and around the world. I mean REALLY BIG BUSINESS! Thousands of companies make their money one way or another by you going into debt. They want you to be in debt and they want you to stay in debt so that they can keep making money.

First off there is the credit card industry. Everyone wants to give you a credit card and I’m sure you constantly get pre-approved applications in the mail just like I do all the time. They make it sound like they are doing you a favor and trying to make your life easier with their card. They will give you rewards, a better rate, and better service than the net guy. But all they really want is for you to use their card and hopefully run up your debt. Credit card companies make money when you don’t pay them off each month. They want you to only pay the minimum so they can charge you the maximum in interest.

Even all the big retail stores are in the debt industry as they try to get you to sign up for their credit cards. How many times do I have to tell these people I don’t want their Macy’s card as I try to buy my underwear and socks and try to get out of the store?

Next there is the loan industry. People need loans for cars, boats, houses, and any other big purchase. When you get a loan for any of these you are going into debt and you are paying for that “privilege”. Same as with credit cards, the loan companies hope you only pay the minimum each month. They DON’T want you to pay off the loan. They don’t make as much money if you pay the loan off and give them their money back so they hope you only pay the minimum.

School loans are big business now as well. College costs are way up and most students need a loan to get their degrees. It’s sad that so many college students have to borrow money just to complete their education. Many of these students will be paying off these college loans for 5 to 30 years after they graduate.

Finally there is the industry of debt relief. The system is set up to get you into trouble with debt and once you are, there is a whole network of companies that will help you get out of trouble. For a price of course. Debt relief is like operating on you after you get sick when it might be too late. They want you to get sick so they can get you on that operating table.

Is there really anything that can truly be called debt relief? NO, because the only thing that would qualify would be free money and there is no such thing as free money. There are no government grants for debt relief. There are no programs that will suddenly erase your debt. There is nothing that will magically make your debt go down!

Debt relief companies will promise you lots of things but they won’t get rid of your debt. Oh, they will “help” you by making you more organized by moving this loan over here and that loan over there. They will combine this loan with that loan and maybe get you a lower rate and they might give you a lot of fluffy advice on how to not get yourself into further debt problems. But none of this will come for free and you will be paying them because they want their cut and they are in business too.

That is the industry of debt and the way the system works now. Get as many people into debt and then tell them you will help them get out of it. Every business along the way profits from this scenario and the goal is to get you there and keep you there. The longer the better.

If you are looking for debt relief grants, you are probably out of luck. In fact, the one entity that needs a debt relief grant more than anyone is the place you are hoping to get one from in the first place: the United States government. It is really a joke what the bureaucrats and elected officials of both parties have done to our country.

Debt relief can come in many forms but the kind of relief most people are looking for is probably a way to lower their interest rates and get the bill collectors off their backs. This is tough when people all across the country are still losing jobs every day. How can you ever hope to pay off your debts when you don’t even have a job?

The United States, it can be argued, is the most important nation economically in the world. Yet our government leaders have borrowed us into a state of near bankruptcy. Actually, any citizen who has proportionately as much in debt as the US government does, would have been bankrupt long ago. Yet the politicians continue to pass their asinine legislation and taxes, all the while spending us deeper in a hole we may never be able to dig out of.

President Obama has done a great job of backing this country into a corner financially. I guess he thought he got elected so that he could spend our money, our children’s money, and our grand kid’s money. He figures he can do whatever he wants and then blame it on Bush. Unfortunately, we are the collectively stupid ones that let this happen and are standing by letting it happen.

If you are looking for Obama debt relief grants to help out with your personal situation, you are not the only one. Tens of thousands of people across this country need financial aid and debt relief and they are probably going to find nothing. How can the government give you debt relief when the government is in a worse financial predicament than you probably are?