US National Debt Clock - Realtime Thread

[eyer]

http://www.usdebtclock.org/

What better common tool to have available to those who are interested in these financially dogged days of man...

...I propose that all financials discussed in what are sure to be many varied themes as our debt dilemma only becomes more popular, be collectively based on those found at this site - it makes an objective point of reference for all.

State Debt Clocks and World Debt Clocks are top-left tabs, while Debt Time Machine is at the top-right...

...at bottom are tabs well worth their weight in info.

 

[Toontweeker]

Yea, um, thanks for that. I WAS having a good day up to now.

 

[trysail]

http://www.usdebtclock.org/

What better common tool to have available to those who are interested in these financially dogged days of man...

...I propose that all financials discussed in what are sure to be many varied themes as our debt dilemma only becomes more popular, be collectively based on those found at this site - it makes an objective point of reference for all.

State Debt Clocks and World Debt Clocks are top-left tabs, while Debt Time Machine is at the top-right...

...at bottom are tabs well worth their weight in info.

Let's take a look at the U.S. national debt outstanding and its UNFUNDED LIABILITIES as of 1 December, 2010 reported by http://www.usdebtclock.org. At the moment, the total stands at a stunning $125,785,600,400,000 ( for U.S. based innumerates, that's ONE HUNDRED TWENTY-FIVE TRILLION SEVEN HUNDRED EIGHTY-FIVE BILLION SIX HUNDRED MILLION FOUR HUNDRED THOUSAND DOLLARS ) or $411,064 per person or $1,010,100 per taxpayer.




U.S. Debt Clock:
http://www.usdebtclock.org/

 

[eyer]

Yea, um, thanks for that. I WAS having a good day up to now.

That's okay...

...most Americans just forget about such truth when it's brought up unsolicited before their very eyes, which makes it so easy to effortlessly return to more pleasurably deceptive pursuits.

Unfortunately, though...

...truth's clock still ticks.

 

[Toontweeker]

That's okay...

...most Americans just forget about such truth when it's brought up unsolicited before their very eyes, which makes it so easy to effortlessly return to more pleasurably deceptive pursuits.

Unfortunately, though...

...truth's clock still ticks.

I do not disagree with you there.

 

[JenAltArmy]

why does this matter? we can just borrow more!

http://www.usdebtclock.org/

What better common tool to have available to those who are interested in these financially dogged days of man...

...I propose that all financials discussed in what are sure to be many varied themes as our debt dilemma only becomes more popular, be collectively based on those found at this site - it makes an objective point of reference for all.

State Debt Clocks and World Debt Clocks are top-left tabs, while Debt Time Machine is at the top-right...

...at bottom are tabs well worth their weight in info.

 

[eyer]

BiPartisan Financial Suicide by Exponentiality

1940 debt ceiling = 49 billion

1946, 1956, 1960, and twice in 1963 - debt ceiling was actually lowered

September 1981 debt = 1 trillion


Inaugaration day 2001 debt = 5.73 trillion


June 28, 2002 - debt ceiling raised from 5.95 to 6.4 trillion

April 27, 2003 - debt ceiling raised from 6.4 to 7.384 trillion

November 18, 2004 - debt ceiling raised from 7.384 to 8.184 trillion


Inaugaration day 2005 debt = 7.61 trillion


March 20, 2006 - debt ceiling raised from 8.184 to 8.965 trillion

September 29, 2007 - debt ceiling raised from 8.965 to 9.815 trillion

July 30, 2008 - debt ceiling raised from 9.815 to 10.615 trillion

October 3, 2008 - debt ceiling raised from 10.615 to 11.315 trillion

The federal budget exploded under Bush from $2 trillion in fiscal year 2002 (his first budget) to $3.1 trillion in fiscal year 2009 (his last budget). This last of Bush's budgets was the first budget in U.S. history to have a deficit of over $1 trillion


Inaugaration day 2009 debt = 10.63 trillion


February 17, 2009 - debt ceiling raised from 11.315 to 12.104 trillion

December 24, 2009 - debt ceiling raised 290 billion to 12.394 trillion...following a record 1.4 trillion deficit for 2009

January 29, 2010 - debt ceiling raised 1.9 trillion to 14.294 trillion

May, 2011 - Treasury Secretary Geithner suggests raising debt ceiling 2.0 trillion to 16.3 trillion

 

[eyer]

With the national debt now over $15.3 trillion and set to raise another $1.2 trillion very soon now, Jon McNaughton's Wake Up America seems...well...apt...

...watch and listen to the artist explain what he's painting about:

http://www.youtube.com/watch?v=oRxMQhn0WAg