“National Debt Clock” in Times Square has run out of digits, page 1

posted on Oct, 10 2008 @ 12:20 PM

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Yes the national debt clock has run our of digits so now a 1 will be replacing the dollar signs.

The national debt broke $10 trillion on Sept. 30, but honestly there was so much going on that we can forgive everyone for being distracted. Including us.

Facts about the national debt,

We are spending more in the interest generated by the national debt that we are on the two wars.

Congressional Budget Office project a $400 billion deficit this year, they also anticipated a $400 billion deficit, next year, and the year after that, with further deficits for the next decade.

www.huffingtonpost.com...

The thing is that is no way in sight that the US is planning on paying this debt.

[edit on 10-10-2008 by marg6043]

Hal9000

posted on Oct, 10 2008 @ 12:50 PM

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The following is my opinion as a member participating in this discussion.

Yeah, I read about this yesterday. The ND is now over 10 Trillion dollars, which is still over twice as much that has been lost ($4T) on Wall Street this year. They seem awfully concerned about that, but not about racking up more on the National Debt.

BTW Marge, can you add a link to the source?

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.

marg6043

posted on Oct, 10 2008 @ 12:53 PM

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Sorry, I forgot, well it seems that the news of the national debt increased has been down played with political news and the economic crisis.

Interesting to know that is not way that the US is planing to ever pay this debt but actually keep increasing it every year.

I imagine that our lenders will not be happy with that.

[edit on 10-10-2008 by marg6043]