generation zero. we watched the obama administration increase the national debt by an unprecedented amount. they say they are doing this to get us out of the last financial crisis. could they be bringing about the next big one? >> we have as it stands right now a 12 trillion dollar national debt. over seven trillion in external debt or trade debt. almost two trillion dollar federal budget deficit in >> in 2009. the government is borrowing over 1.8 trillion dollars that comes to more than 150 billion dollars a machine. next year it will be 1.4 trillion. we are going to continue borrowing over 100 billion dollars a month over a trillion a year. >> it doesn't take a ph.d in economics to think that you can run one trillion, two trillion, five trillion, 10 trillion dollars of debt. >> these numbers are incomprehensible, they are so large. >> the fiscal crunch can be dated fairly precisely.