US National Debt in real time

[Sylvain]

Interesting site if you are interested in the economy and if you can understand all those numbers.

U.S. National Debt Clock : Real Time

 

[Turn Key]

That makes me want to defect to Canada ..

~TK

 

[mskendall]

You should have put a disclaimer if you are prone to seizures don't click. I've seen that disclaimer somewhere before. The unfunded liabilities is scary! Not to mention the rest...

 

[Leo]

Why isn't anyone scared? Is it denial or lack of understanding?

 

[Sylvain]

Why isn't anyone scared? Is it denial or lack of understanding?

lalalalalalalalalala!!!!

I CANT HEAR YOU!!

I dont think there is any reason to be scared.
This is not the end of the world.
Millions of people live on credit and have debts, they live just fine.
That sucks but we will get thru this, the market has its ups and downs and cannot just grow up all the time.
Every country has a huge debt and always had.
No need to freak out especially if you didnt freak out 10, 20 or 30 years ago.

 

[.452browning]

Why isn't anyone scared? Is it denial or lack of understanding?

I have always had a hard time understanding economics no matter how hard I pay attention, but I know enough. And this scares the living outta me.

To answer your question: I would say some are in denial, some have lack of understanding, and some are in Limbo

 

[rambone]

I dont think there is any reason to be scared.
This is not the end of the world.
Millions of people live on credit and have debts, they live just fine.
That sucks but we will get thru this, the market has its ups and downs and cannot just grow up all the time.
Every country has a huge debt and always had.
No need to freak out especially if you didnt freak out 10, 20 or 30 years ago.

But will we come through this as a free country? Will we maintain peace? Will the Entitlement Class rise up and create havoc? How many generations of overtaxed debt slaves will grow up here before any semblance of our forefathers' vision returns to this nation?

 

[jsharmon7]

It seems to me that non-taxpayers have a lower government debt than taxpayers. It would then follow that all I have to do is stop paying taxes and I will lower my debt load instantly! Yep, all I have to do is stop paying taxes and I will move myself from the "Debt Per Taxpayer" category to the "Debt Per Citizen" category for a net savings of $83,649 instantly!

 

[RoyalTenenbaum]

That makes me want to defect to Canada ..

~TK

But they aren't even a real country anyway.

 

[Hemingway]

Why isn't anyone scared? Is it denial or lack of understanding?

"Wow, the debt sounds serious. Maybe we should do someth---oh look! Dancing With the Stars! I, like, totally, LOVE this show! I really hope that blonde loses--I can't stand her outfits. What's the deal with her anyway? And her partner! I'm like 'SHUT UP' No way you're going to wear THAT!"


^^^^THIS IS WHERE WE ARE AND WHY NOTHING WILL BE DONE UNTIL WE'VE ALREADY CROSSED THE RUBICON AND IT'S TOO LATE ANYWAY

Some say we've already crossed

 

[adam]

I like indiana's better.
State of Indiana Debt Clock

 

[Sylvain]

I like indiana's better.
State of Indiana Debt Clock

I like my personnal debt even better since I have $0 of debt.

Why a country cant just do like a do, not spending more than what you actually own.
I thought it was common sense and even I can do it, and I dont know anything about finance.

 

[Hemingway]

I like my personnal debt even better since I have $0 of debt.

Why a country cant just do like a do, not spending more than what you actually own.
I thought it was common sense and even I can do it, and I dont know anything about finance.

I agree with you 100%. Unfortunately, it seems that if you have the power to just make your own money, the temptation becomes too great. That's the principle reason for having real (hard) money. You can't just "print" a bunch of gold whenever you feel like it.

George Washington saw it: "Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice"

false weights are an abomination...

 

[Sylvain]

I agree with you 100%. Unfortunately, it seems that if you have the power to just make your own money, the temptation becomes too great. That's the principle reason for having real (hard) money. You can't just "print" a bunch of gold whenever you feel like it.

George Washington saw it: "Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice"

false weights are an abomination...

Who said I dont print my own money?
I just dont spend more than I print.

 

[Hemingway]

Who said I dont print my own money?
I just dont spend more than I print.

Well, in that case, you need any start-up capital? Wait, no, obviously not.

Can I just come over sometime then and help with the wheelbarrelin'?

 

[Sylvain]

Well, in that case, you need any start-up capital? Wait, no, obviously not.

Can I just come over sometime then and help with the wheelbarrelin'?

Sure, you can print your own salary if you dont mind getting paid in small dollar bills because it's all I print.

 

[beararms1776]

That's roughly 86,185 federal employees per state.

 

[revsaxon]

Look at those numbers go!

We should start betting on when they are going to cross certain lines.

 

[.45 Dave]

Interesting site if you are interested in the economy and if you can understand all those numbers.

U.S. National Debt Clock : Real Time

Now how can I understand something that Congressmen, Senators, President and the economists obviously can't?