 - nedl
- Valued Neighbor
- Muscabamastan
- 5426 Posts
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12/26/07
By Economy In Crisis
Some Alarming Facts about the national debt ?
$9.13 trillion- the current total of the U.S. National Deficit
$1.4 billion- a day, $1 million every minute- the rate the national debt is expanding
$30,000- owed by every person (including infants) in the U.S.
$5.1 trillion- the amount the debt has risen since January 2001 when George W. Bush took office
$9.82 trillion ? the amount the democratic congress recently raised the debt ceiling to
$430 billion- total interest on the national debt last year
$2.4 trillion ? estimated cost of the wars in Iraq and Afghanistan over the next decade
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 - opinionated
- Respected Neighbor
- in front of my computer
- 871 Posts
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You take and compound this
over the next twenty years with inflation, cost of living, future intrest on debt and what are we leaving for our kids and grandkids?
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 - kenn
- Respected Neighbor
- Muscatine Ia
- 656 Posts
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We are ok
Remember those word, bring it on, well they did, and there you are with what we owe.
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 - herman
- Respected Neighbor
- Muscatine
- 124 Posts
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we are leaving our kids
a $h(t sandwich without the bread. We will be ok as long as the Chineese dont call in all the notes they hold and the Govt presses can keep churning out the greenbacks. Isnt biofuels supposed to be the savior of a lot of stuff. Looking at the press it is getting it seems that way.
Herman
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