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Message: <blockquote data-quote="Lurker66" data-source="post: 1932559" data-attributes="member: 24459">16 trillion seems like a huge number, kinda like 2-3 trillion was in the early 80's under Reagan.  They said our grand kids could never pay it down.  They said the WW2 generation would kill Social Security.  They said the US was sinking fast.  They said Japan owned the US.  The oil would dry up.  The auto industry was collapsing. We had a housing crisis. We had banking issues, loans were hard to get. We were on the edge of WW3.Poop, we've seen and heard this before, it sucked but the late 90's came, we recovered.Seems like another boom/bust cycle.</blockquote>