The following originally appeared on CapitalWatch.com, and has been edited lightly.
I have debt.
Student loans, mostly, that I have never paid. And by “paid,” I don’t mean “paid off.” I mean that I have not made one payment on these decades-old loans. Not one. (There is a reason this column focuses on equities and macro trends, not personal finance.)
With the pandemic still in full swing and a contested election on the horizon, I’d rather upgrade that RV I have mentioned in past articles by another $100,000 or so and await the apocalypse.
But no one cares about my debt. And for years now, no one has cared about America’s debt either.
Just google “Why no one cares about the debt” and hundreds of articles appear. The first one is from TheHill.com dated April 2019 in which the writer, Sheila Weinberg, points out that Trump first campaigned on the importance…