US National Debt
The national debt ceiling is currently set to $12.104 trillion.
Posted by Bootyboy on Monday, October 26, 2009 02:40PM
- 14 comments
(link)
/
Keywords:
national,
debt
Login to post a comment.
#14 Smoosh:
My Computerized Accounting teacher showed the class this one day. We spent a whole day talking about debt, and how with every refresh the number rises.
Thursday, November 19, 2009 08:12PM
#13 Flash1369:
i was down there
Thursday, November 19, 2009 08:09PM
#12 Flash1369:
hi every 1
Thursday, November 19, 2009 08:09PM
#11 Jp:
Vexonater wrote:
> Jp wrote:
> > IcewarriorX wrote:
> > > We're never gonna pay that out.
> >
> > Hasn't the US always had a national debt? That is, it' not really supposed to be 'paid out'.
>
> Good ol' Andrew Jackson managed to completely pay off the debt for a little bit.
>
> The problem isn't that a debt exists, but how high it is. Even if you account for the past 200 year of inflation, our current situation is still far worse off than it has ever been, to my knowledge. About 800 billion or so of that money is owed to China, by the way.
In terms of percentage of GDP, you were worse off during WW2, but that was wartime, so might not count.
Tuesday, October 27, 2009 07:22PM
#10 Lummox JR:
Don't blame me. I voted for Kodos!
Tuesday, October 27, 2009 05:28PM
#9 Vexonater:
Jp wrote:
> IcewarriorX wrote:
> > We're never gonna pay that out.
>
> Hasn't the US always had a national debt? That is, it' not really supposed to be 'paid out'.
Good ol' Andrew Jackson managed to completely pay off the debt for a little bit.
The problem isn't that a debt exists, but how high it is. Even if you account for the past 200 year of inflation, our current situation is still far worse off than it has ever been, to my knowledge. About 800 billion or so of that money is owed to China, by the way.
Tuesday, October 27, 2009 10:08AM
#8 Jeff8500:
Magicbeast20 wrote:
> If I had the money I'd buy my own island and live there. Let's see the American debt get me there.
Haha, you could buy all the world's Saudi Arabian oil, as well as some small countries, with that. You could probably use the remainder of the money to live a very, very, very luxurious life in a massive, 1x1 mile house.
Monday, October 26, 2009 06:34PM
#7 Stephen001:
What I've always wondered is, who in their right mind lends that.
Monday, October 26, 2009 06:21PM
#6 Jp:
IcewarriorX wrote:
> We're never gonna pay that out.
Hasn't the US always had a national debt? That is, it' not really supposed to be 'paid out'.
Monday, October 26, 2009 05:11PM
#5 IcewarriorX:
We're never gonna pay that out.
Monday, October 26, 2009 05:07PM
#4 Magicbeast20:
If I had the money I'd buy my own island and live there. Let's see the American debt get me there.
Monday, October 26, 2009 04:26PM
#3 Stephen001:
I thought all was going well when they stopped the debt clock during Clinton's second term. Kinda had to turn it back on for Bush though.
Monday, October 26, 2009 03:06PM
#2 Nadrew:
Looks like $11.907 or so to me =P
Monday, October 26, 2009 02:50PM
#1 Dinomaster45:
That's a lot of 0's. O_O
Monday, October 26, 2009 02:43PM