WHY CANT THE GOVT BORROW? All of us at some time has borrowed money to buy something (spending money we dont have) or to pay a debt. So why should we expect the govt to be different? The White House is the home of the American citizens and each American has a home and a head of the home and the White House has a president the head of the White House and both are run basically the same. We get credit cards and sometime get another one the pay of the first one. We borrow from the credit card when we use it. Sometimes we use the credit card to buy things we do not need and get cash from them. Some time we have to get second jobs to create more revenue to pay off money borrowed. (debts) We dont usually change our spending habit or cut out basics like food or recreation. The federal govt and the state govt does the same thing. But state borrow money from the federal govt and they dont pay it back. The federal Government is run similar to a household and it doesnt matter who the president is. You cannot run a house hold and pay your debts by cutting out basic human needs of the family like food, healthcare, rent and education. You have to create more revenue or cut spending on thing we dont need. We know what we have in Obama, we have a recession instead of a depression, but we dont know what we will get from Romney and Gingrich.