It is the National Debt Stupid
We have been accused of harping on the national debt. We diplay the number everyday and tell you what it was ten years ago. This shows the growth if you do not know what the National Debt is The United States government debt, is the amount of money owed by the Federal government of the United States to holders of U.S. debt instruments. Gross Debt is the national debt plus intergovernmental debt obligations or debt held by trust funds like the Social Security Trust Fund. The annual government deficit refers to the difference between government receipts and spending. If you have not noticed today we woke up and it was 12,031,299,186,290.07 that more than twelve trillion dollars. If this does not alarm you as we put this debt on our children and grandchildren then maybe this might. On March 16 it was 11,033,157,578,669.78 so that means that it has gone up a trillion dollars in only eight months. This is compounded by today our President is in China who happens to be holding $800 billion in U.S. government debt. This needs to be corrected, this needs to be changed. It tears us apart to hear about billion in healthcare, bailouts, and stimulus when we cannot even pay down our debt. If Washington does not change these ways this recession will turn into the wildest inflation this country has ever seen. If we cannot pay debts to ourselves and debtors the hopes of our children’s children living in a prosperous nation are slowly disappearing.
The Twilight Saga: New Moon Movie Debut 3 days
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Days until 2010 – 44 days
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Iron Man 2 Movie Debut 173 days
Days until a New President 1164 Days
Days Country Held Hostage Under Hope and Change 299 days
National Debt 11/12/1999 5,689,775,697,887.62
National Debt 11/16/2009 12,031,299,186,290.07