Bottom line ? Here it is :
Will Debt Signs Be Springing Up?
When I entered the DC Metro today, I walked under a banner asking me if I could spare some change to defeat the debt. It had a huge number attached. This looks to be it. All I could think of is, when are they coming after far more than change for that. Because they are, my friends. They are going to have to, soon. Simply walking under that banner and trying to comprehend the number was an unsettling experience. Trust me on that.
Funny how that national debt clock isn't something we've heard much about lately. I assume the banner is from this group here. The Hot Sheet at CBS reports the current amount of the national debt. We are so screwed.
It's another record-high for the U.S. National Debt which today topped the $12-trillion mark. Divided evenly among the U.S. population, it amounts to $38,974.34 for every man, woman and child.
Technically, the debt hit the new high yesterday, but it was posted on the Treasury Department website just after 3:00 p.m. ET today. The exact calculation of the debt is a 16-digit tongue-twister and red-ink tsunami: $12,031,299,186,290.07
riehlworldview.com |
