The National Debt Clock - Then and Now
This ‘clock’ located at usdebtclock.org has lots of interesting little data items that allow us to get a quick understanding of our countries financial situation.
Gliding your mouse over each number are on the web-site will bring up a definition of what each of the numbers means.
The snapshot below is historical, for those who might not have been keeping track of how our national debt changes day-to-day.
JUNE 24, 2010 - $13.11 Trillion
About forty-five percent of our country works, and about one-third of us pay taxes.
About seven percent of us work for a local, state, or federal government.
Roughly fifteen percent of us are retired, and roughly fifteen percent of us get food stamps.
Our income tax is close to half of the total US governments total tax revenue, but our contributions per year are about sixty percent of what the government spends per year.
All in all, the usdebtclock site is a number filled overview that will shed some insight into the current concerns with government spending practices.
As this article shows, screen captures help to provide a historical perspective on the trend of our National Debt.
September 5, 2012 - $15.96 Trillion
Shortly after sequestration went into effect, the National Debt Clock web-site began offering its conjecture on the economic impact of sequester. If you actually visit the site and watch the numbers change, you will note that our debt is still growing, rather than being paid down. The debt grows despite the money we are saving because of the sequestration.
It sort of reminds you of those old 20th Century Sidewalk sales that offered to sell you something for less than normal price. You find yourself tempted even though you would never think about buying if it was not on sale. One might offer the opinion that this website offers evidence that the salesman psychology has become institutionalized at the highest levels of our government.
June 16, 2013 with Sequester - $16.87 Trillion
Sequester is Over
Sequester is over. Many people have lost their Health Insurance. Many have signed up for Affordable Health Care. Leading politicians are in denial, and some claim that nobody has been negatively affected by the new law. That’s a politicians way of saying that America is full of nobodies.
In politics, across the aisle consensus has been reached, with all concurring by action that the finger-pointing will continue.
There is speculation that the national debt clock may soon be replaced by a new clock showing the rising costs in Health Care premiums.
A billion dollars is offered for a perfect bracket in the NCAA tournament. For most of us, that is equivalent to correctly calling the flip of a coin 63 times in a row. Odds are 1 in 2^(63), or 1 in 9,223,372,036,854,775,808.
Many believe that intelligence is involved, so determining the chances of creating a perfect bracket may be a little bit less than correctly calling the flip of a coin 63 times in a row.
By comparison, the debt clock stands at 17,537,298,232,800. Many believe this situation to be the consequence of a prolonged lack of intelligence, hence the national debt continues to climb.
March 21, 2014 - $17.53 Trillion
July 25, 2015 - $18.32 Trillion
January 2016 - $18.9 Trillion
State of the Union - January 2016
President Obama presented his last state of the union address. The United States is bring home captives from overseas, coincidentally at the same time agreements with Iran are being reached regarding their development of nuclear capability. Global warming has unleashed torrents of political discussion while failing to unleash climate disaster.
Pusillanimous puppy dogs continue to piddle puddles when politicians plod by, Are you one of them?
More by this Author
This is a speculation about what might have been said during the 2010 State of the Union Speech. It wasn't.
This article discusses possible beneficial changes to our United States Constitution and the roles and processes for implementing these changes.
Improved road systems with no toll booths relieve congestion. Elizabeth River Tunnels has become infamous for how it collects tolls for its road improvements. It's not a tax, it's a fee.