US Debt Clock Goes Over $10 Trillion.
US Debt Clock Goes Over $10 Trillion.
total to date, U.S. National Debt Clock : Real Time
Remember, unemployment (and business being off) make the debt go up -- that's what they call an automatic stabilizer. That has been built in because politicians are too slow to help out.
Economy goes down, as a result tax collection goes down automatically.
(1) This helps the economy and limits unemployment, but ...
(2) It increases debt.
Yes, Shirley.... Do you remember Obama only a few short months ago PROMISED he'd NEVER allow unemployment go above 8 percent...LOL....It's 20 percent in some cities now....countrywide average over 10.... Is he a smooth talking lawyer...or smooth talking liar...?? The later... Obama's overspending makes Bush look like a pennypincher.... He'll be a ONE Term President... Thank God...
Last edited by BillR; 07-10-2010 at 00:05.
USD Dollar (USD) (28 Oct 2010) - The Dollar strengthened across the board as stocks in the U.S. approached session lows. Core Durable Goods Orders came out at -0.8%, worse than the expected 0.2%.
And now it's up over 14 TRILLION. WTF is wrong with this picture.