While I'm sure that your financial advice is very valuable within the micro-econ sphere of investing, it also is very wrong when you venture outside that into the macro-econ of federal finance and politics. It is so wrong that it threatens our continued growth as a nation and a first world economy.

Your error begins with the description of our national debt, assuming that it is similar to that of a business or household with an obligation to repay it at some future date.

Look at usdebtclock.org to get a feel for how fast we add to our country’s obligations.

That number reflects, quite accurately, the accumulation of deficit spending by our Congress since our nation's founding, (spending-revenue). However, it completely ignores the fact that every deficit in one sector is a net gain in another. In the case of our sovereign currency-issuing government (the only net source of US dollars) it is the net money supply of the private non-government sectors which are the beneficiaries of deficit spending by our government.

Undoubtedly, this is a staggering amount of debt, something that no one should argue is in any way desirable.

Properly viewing the debt, what is the number that you would advise as the "ideal" amount of US dollar-denominated currency in the economy? Keep in mind that it is necessary to net retire private sector bank debt and to satisfy the economy's desire to save in the government's unit of account (bonds).

Simply throwing around some big scary numbers and positing them for something they are not is not conducive to good monetary or fiscal policy. As a financial advisor, you should be willing to go against the trend in public opinion to best serve your followers. That isn't well served by adding to the common hysteria based on false assumptions surrounding the debt and federal spending.