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Posted on 11/16/2009 4:27:44 AM PST by bdw300
Still has it below 12 trillion, but not by much. It could reach 12 trillion today or tomorrow.
THATS $40,000 PER PERSON for very man woman and child in the USA
We need another march on washington every day to stop them from spending my children’s money- and another march on GOP headquarters too.
And I think tossing some out (physically) would be appropriate about now
Cis...............Boom..................Bust
I don't even make that anymore, I wonder if the government will let me pay on the installment plan. /sarc
Just part of the islamist’s In Chief wreakage of America.
Totally unnecessary and contrived by a deranged socilaist mind. The REAL stimilus is a tax cut. No debt incurred and there would be another Reagan-like economic turn-around and boom.
Trillion here, Trillion there pretty soon your talking real money.
We're there. 12+ trillion.
I can’t even read that many “0”s!
Just wait and see what that number looks like in 2012 if we don’t change Congress by 2010. Hussein and his pork loving lap dogs are out to destroy us all.
$110K per taxpayer...
BULLSHIT!
The bills that the Federal Government runs up are not my bills in any way, shape or form.
I'm so sick of hearing that "your share of the National Debt..."
I pay plenty of taxes, and taxes, and more taxes.
Hey Chicoms! I hope you don't think that "We the People, of the United States"
are standing behind these bastards.
If I were you I'd sell all the US "securities" I had for something tangible, ASAP.
That goes for all the other suckers around the globe.
To my children’s children’s children’s children - I’m sorry.
Just put it on my Master Card.
So it increases $1,ooo per person per day?
Proverbs 13:22
Ahh... Defenestration from a 5th floor window. Heh, heh, heh.
A big-screen TV should be place in every single Congressman’s office displaying the national debt clock in real time, with no way for them to change the channel or turn it off.
Let those bastards see the fruits of their labor.
| Current | Debt Held by the Public | Intragovernmental Holdings | Total Public Debt Outstanding |
|---|---|---|---|
| 11/12/2009 | $7,594,009,912,460.87 | $4,397,209,623,436.99 | $11,991,219,535,897.86 |
As if this isn’t bad enough, add all the unfunded state and local liabilities to this.
There is discussion underway in Congress about raising the debt ceiling by another $2 Thousand Billions, so look for the debt to go up to $14 Thousand Billions very soon.
This is the slippery slope...
By devaluing the dollar via zero percent short-term interest rates, thus creating a huge currency carry trade to re-inflate the stock market, in turn creating consumer confidence to go out and incur more personal debt to encourage business to create new jobs in the US as opposed to other countries where taxes, fixed expenses and regulations are much more favorable, generating the revenue and earnings for Washington to tax lavishly when the rates skyrocket in 2011.
Folks: I only wish I was making this up.
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It’s Alice in wonderland stuff. It it weren’t so damned serious it would be comical!!
According to the IRS, there was just less than 100 million people who had a tax liability (i.e., paid taxes) last year. That means that the average taxpayer owes $120,000 toward the national debt.
If Obama keeps his promise and only raises taxes on households making over $250,000, then most of us don't have to worry. About 4 percent of US households make that much. That means that about four million families will actually pay. That's an average of about 3 million dollars per household.
[I don’t even make that anymore, I wonder if the government will let me pay on the installment plan.]
Sure, so long as you don’t miss your mandatory PelosiCare payment! /s
That’s only a dollar a day 32,876,712,328 years. No problem.
Just about the time the Dem congress started to change their strategy from railing against the Iraq war to pounding the economy.
By the CBO’s own estimates, we will be adding another $9 trillion to the debt over the next 10 years..and this is under the rosy assumption that Obama doesn’t destroy the economy with his Keynesian nonsense. A more realistic assumption is probably $11-12 trillion in additional debt, putting us at $23 trillion-ish, just as the majority of baby boomers retire and start enjoying their social insecurity and medicare payments. We are so screwed..
National debt history:
http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm
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