National Debt Clock Runs Out of Digits »
Posted By Stringcheese 1 year, 1 month ago in Business & FinanceCNN's Don Lemon visits the National Debt Clock, which has run out of spaces to display $10 trillion in red ink.
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Stringcheese
Love reading about tech news, and politics. Something interesting about me is I sleep on a polyphasic schedule (4.5 hrs at night, and two ...
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austin3561 year, 1 month ago
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I was floored when I heard the National Debt has risen from $1 T to $10 T in the last 28 years. While we do have a very high rate of monetary growth - the rate of growth of debt has far far outpaced the rate of money supply growth. This is incredibly unhealthy.
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ecotourusa1 year, 1 month ago
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Here's an article I found to be compelling on the subject of our Federal Reserve.
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Check it out here:
http://www.naturalnews.com/024427.html
Is the Federal Reserve Engaged in Acts of Economic Warfare Against America?
please support HR 2755
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canadianrancher571 year, 1 month ago
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Main ST Public may not have the money but I'm sure that they will be getting the bill and also all the interest charges. Maybe the government thought that once the clock ran out of numbers it would start over again at 1 and all would be forgiven, and just in case you think that they couldn't be that stupid just look at what they have done in the last few weeks.
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nostalgia1 year, 1 month ago
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The data for the total public debt outstanding is published each business day on the Treasury Dept website
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12/31/06 $8,680,224,380,086.18
12/31/07 $9,229,172,659,218.31
10/06/2008 $10,187,754,347,408.87
Certainly doesn't look like it is getting any better when the Democrats control the purse strings in Congress
Then consider the bailout bill: buried in the bailout bill was a provision to raise the national debt ceiling to $11.315 trillion -
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ades1 year, 1 month ago
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And here is part of the problem with US politics. The entire nation is drawn into two camps with the right blaming the left and the left blaming the right. Democrats and Republicans are two sides of the same crooked coin. Both parties did this. Both parties sold us out.
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As far as the economy goes and how deep we are actually screwed, only Ron Paul had a clue... and the public and media laughed him off stage because he wasn't more of the same that gave us 10 TRILLION owed primarily to China. Awesome.
I blame the American public as much as the government. Surrounded by idiots.
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MurphyStoutComment removed: Hard Banned
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vor1 year, 1 month ago
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The government sets the example. The example set in Washington the last 8 years is to live with debt. You cut taxes in a time of war and wonder why we have deficits? It had never been done before. We no longer pay as we go. And this has greatly influenced the consumer as well. But we should be required to have our revenues match our expenditures and not just in theory. This BS of increased revenues brought on by tax cuts is exactly that - BS! It has never produced a balance budget. Not under Reagan and certainly not under Bush. Nor will it occur under McCain. And if you want to blame the Democrats take a look at who has had the veto power all along. It hasn't been the Democrats. Not for the last eight years. That has resided in the Oval Office.
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