The Outstanding Public Debt as of 08 Sep 2006 is $8,533,887,835,921.21 and that the estimated population of the United States is 299,463,352 so each citizen's share of this debt is $28,497.27.
The National Debt has continued to increase an average of
$1.75 billion per day since September 30, 2005!
Concerned? Then tell Congress and the White House!
2006-09-08 09:13:08 · 20 answers · asked by Anonymous in Entertainment & Music ➔ Polls & Surveys
http://brillig.com/debt_clock/
2006-09-08 09:15:06 · update #1
Send me a bill....
2006-09-08 09:15:21 · answer #1 · answered by Aztek G 2 · 1⤊ 0⤋
And the balooning debt and trade deficit are getting higher each day......what prevents the US economy from collapsing is China, who buys dollars and 'debt notes' every month. (in exchange, the Chinese economy keeps growing thanks to mindless importing of chinese sweatshop products from the US).
The problem with this 'pact' is that the trade deficit keeps getting higher, and the day will come when the Chinese won't be able to finance it anymore. All hell will break loose. Of course, the leaders of today don't care, since they figure that they will be retired in the Cayman Islands by then, with all the profits that they and their corporate buddies made at the expense of the world.
Of course, people simply don't give a sh*t about this, thus letting it happen.
2006-09-08 16:20:08 · answer #2 · answered by Eclipse 3 · 1⤊ 0⤋
Good question and suggestion, but, you are using old data. Although the debt is huge, we do want imported goods as anyone in the world makes better quality products than we do. That is why our jobs are going there. Better work for less pay = cheap goods and we want cheaper. Also, the debt has actually gone down under the watch of Bush. But - the bashers still give you bad data.
2006-09-08 16:18:18 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Not concerned because even if the budget was balanced there is always a natural disaster that automatically throws the books out of whack. Then there is all the pork that every state gets......
2006-09-08 16:16:40 · answer #4 · answered by eric g 3 · 0⤊ 0⤋
ok think about this... We pay the debt down to zero. Now what? Lets borrow it back since we dont have any debt to worry about and we need the money. Ok, now we're back where we started and everyone is bithcing about it again....
2006-09-08 16:23:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Well, at least you can take comfort in the knowledge that your government hasn't squandered enormous amounts of money on tax cuts for the fabulously wealthy, handouts to big business, and pointless and illegal wars.
Ummmm.....wait a minute.....
2006-09-08 17:17:32 · answer #6 · answered by missinglincoln 6 · 1⤊ 0⤋
No I'm not concerned. National debt will always be there forever and forever.
2006-09-08 16:15:53 · answer #7 · answered by aimstir31 5 · 0⤊ 0⤋
the white house wont do anything. neither will congress or the president. they will just say "we will solve this later" and move on. sad.
2006-09-08 16:15:37 · answer #8 · answered by Sweet Dreams 6 · 1⤊ 0⤋
darlin who's that knockin on ur door?ur gonna get in trouble.go girl go
2006-09-08 16:15:55 · answer #9 · answered by Anonymous · 0⤊ 0⤋
your supposed to be the richest country in the world ?.
2006-09-08 16:16:26 · answer #10 · answered by Deano™ 7 · 0⤊ 0⤋
OK.
Thx for the point
2006-09-08 16:15:36 · answer #11 · answered by musiccrazy006 3 · 0⤊ 0⤋