06/06/12 08:33:26 PM Politics and Economics Politics: the Art of how resources are shared (someone said the Aristotle said this). It really makes politics sound easy: whose gold is it? whose land is that? who has rights to the waterhole? Etc, etc. Economics is something else altogether. I do not have a succinct definition for it, but we all know it is the study of resources and how they effect society. Our national debt is one resource that is in the public eye because there is so much of it and controversy. Like the laws of the United States of America, there is not a definitive book or source of information about it. You know it is there and some have an idea of how much it is and how it accumulates, but just how much it is and who it is owed to is ambiguous. It is obvious what our national debt is for: to pay for stuff we want as dictated by our representatives in Congress. The politics comes in here: do we pay for a war? do we pay unemployment? do we pay for ...