When I was a youngster growing up in South Dakota, we never referred to the national debt, it was always referred to as the war debt because it stemmed from World War I.

Summary

This quote highlights a regional perspective on the national debt in the context of the speaker's childhood. It suggests that in South Dakota during the speaker's younger years, the national debt was commonly called the war debt. The term "war debt" likely reflected the association of debt with the aftermath of World War I. This anecdote emphasizes how different regions might offer unique ways of perceiving and discussing significant economic and historical matters such as national debt.

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