World

The “Debt Clock” Goes Online

by politisite | July 10, 2009 at 05:42 pm

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So it's now time to have a window open on your computer screen so you can be continually Anxious over the National Debt. As it stands today, July 11th 2009 each Americans portion of the debt is $37, 329. Each citizens average Private debt is $23, 414.

Since America’s exploding debt has gotten too big for the old national debt clock (literally), there’s only one place on the planet with enough room for the growing ginormosity of our country’s steadily-deteriorating fiscal position.

Where’s that?

The Internet.

That’s right, the U.S. Debt Clock is now online … at USDebtClock.org, conveniently.

This website has it all - including live, up-to-the-minute data on the national debt, government spending, deficit spending, bailout spending, trade deficits and unfunded liabilities.

It’s also got updated unemployment and foreclosure data.

Here’s a peek … Please read the wider article at Fitsnews by clicking the source link

Other NowPublic Stories:

U.S. National Debt Clock Runs Out of Spaces

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Pythiian1

at 08:21 on July 11th, 2009

There's a giant digital clock in the heart of NYC, which is disheartening to see daily as people heading to and coming from work.

PIM of SPAIN

at 23:14 on July 16th, 2009

Sadly no one in charge takes notice, politicians are to busy spending monet they promised to become elected.

The Debt Time Bomb tells more about.
“Presently, the federal government is increasing spending that in the end may actually retard economic activity, and is also proposing tax increases that will further restrain private sector growth. This policy mix is the same approach that failed in the U.S. from 1929 to 1941 and also failed in Japan over the past two decades.” In other words, fiscal policy is executing a program that is contrary from what it should be to stimulate the economy.