As of the date of this post the national debt was $8,610,692,271,807.47
That comes to $28,682.43 per person.
We are overspending at the rate of $2.3 billion per day.
Nice work Mr. Bush and Congress! Hard to believe my newborn son is $28k in debt.
Here is a link to the national debt tracker where I got the above numbers.
http://www.brillig.com/debt_clock/
Here is an article on the national debt by NPR. Take a look a the graph which shows the national debt is 64% of the GNP. The article is mostly about the raising of the national debt ceiling to $9 Trillion dollars. No we don't have a serious spending problem in this country!
http://www.npr.org/templates/story/story.php?storyId=5282521
Here is a link to an NPR podcast that talks about the true cost of the war in Iraq. The cost could top $2 Trillion.
http://www.npr.org/templates/story/story.php?storyId=5156416
It is wrong to mortgage our future for today. We are facing a serious shortage in Social Security that will start to come due very soon. How are we going to face this problem if we cannot control our current government spending? I hope the Democrats can curtail this massive amount of over spending but I'm not holding my breath.
Sunday, November 12, 2006
Your Share of the National Debt
Posted by George Blume at 5:29 AM
Labels: national debt, overspending
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