You are hereArchive - Jul 4, 2009

Archive - Jul 4, 2009

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Truth self-evident. July 4's quest: which's more challenging for US, independence from Great Britain or from debt?

George Washington fighting the Revolution

(quote)

*update*
Real Time U.S. National Debt Clock
The National Debt Clock is a billboard-sized running total display which constantly updates to show the current United States gross national debt and each American family's share of the debt. The National Debt Clock It is currently installed on the western side of One Bryant Park, west of Sixth Avenue between 42nd and 43rd Streets in Manhattan, New York City. It was the first debt clock installed anywhere.

WHAT IS THE NATIONAL DEBT TODAY?
$23,116,130,259,152
That's $70,008 for every single person in America.
America's growing debt is the result of simple math — each year, there is a mismatch between spending and revenues.

U.S. National Debt is $11.5 trillion (updated 1 July 2009) and has continued to increase an average of $3.91 billion per day since September 28, 2007! Canadian Prime Minister Stephen Harper called the U.S. deficit "dangerous". Canada's deficit is short-term and not structural.

bar chart based on U. S. Senate Appropriations Bills and the Monthly Treasury Statement

Canadian Prime Minister Stephen Harper called the U.S. deficit "dangerous" read more »

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