Michael makes a great point. Economists often note that there is no such thing as a free lunch. When discussing borrowing, it is important to point out that borrowed money may increase spending today but will have to be paid back sometime in the future. At that time, it will decrease spending. What does that tell us about our current economic state? Not counting our national debt, Americans are estimated to have borrowed $11.4 Trillion. Based on what we know about spending and saving, what can we predict about the future of our economy?