by diamondiiz 10 Replies latest social current
http://www.usdebtclock.org/index.html
For those who might think that US has a chance of getting out of their debt without defaulting or hyperiunflation in the near future. At present all eyes are focused on Europe and US dollar strengthens but once the European mess is dealt with, with whatever the outcome, the focus will return on US debt and you can bet your dollar the US dollar will drop. Wall Street protests WILL get bigger and louder in time.
WOW!
U. S. National Debt = $ 14.8 Trillion
U. S. Total Debt = $ 54 1/2 Trillion
U. S. Unfunded Liabilities = $ 116 Trillion
and the president wants to spend more.
What fool thinks he is looking for the middle class?
The U.S. federal debt is increasing by about 1 trillion per year - and that 1 trillion increase itself is being increased by over 1 billion per year.
NOTHING has been done to stop this situation.
I am quite frankly without faith that the Republicans would stop it even if they won the White House and complete control of the Congress.
The U.S. federal debt is increasing by about 1 trillion per year
Actually, more like $1.5 trillion.
NOTHING has been done to stop this situation.
The Federal budget increased by 5% over last years insane levels.
I am quite frankly without faith that the Republicans would stop it even if they won the White House and complete control of the Congress.
Same here.
Debt Clock... seems like the world population clock...
maybe one think can lower them both.... serious birth control..
Just sayn'
The US debt clock is a ticking time bomb. If you watch too long it makes your eyes go wacky and your stomach lurch. Indeed, the rapidly increasing totals on the US debt clock is a proof that the government is having a hard time getting a grasp of the budget. Many money experts are wondering if how long the US debt clock can keep from exploding especially if the cost of borrowed funds starts to aggrandize because even payday loans are not enough to repay the huge amount.
Indeed, the debt clock is a concern of every citizen. Now, what must be done? The government needs to act quickly to correct this financial situation and the citizens must partake in every endeavor of the State. I know that this is not an easy task but I believe that if support is given to the government then economic recovery will be close at hand.
At the risk of sounding like Ron Paul, I openly wonder what the budget and accompanying deficit would look like if we eliminated every last penny of foreign aid and foreign military expenditures. At very least let's run the numbers and see where that leaves us.
The US National Debt now stands at $ 16 trillion (1 trillion = 1 with 16 zeros). Obama will have to borrow more than all the presidents before him put together. His tally while in office: He has added $6 trillion to the total. But the politicians say: Don't worry. Everything is under control.
It's always good to have something BIG to worry about.
It means you don't waste time worrying about the small things .
