Thursday
16Oct2008
10 Trillion Dollars
Thursday, 10.16.08 @ 07:00AM
The US national debt recently passed the ten trillion dollar mark. That's ten million millions! Wellington Grey created this slideshow to show us what ten trillion dollars means.
The US national debt recently passed the ten trillion dollar mark. That's ten million millions! 
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Reader Comments (7)
So.... can we get back to the fun stuff please? If we want biased news and unfair comment we can look up the New York Times
First, thanks for the link, Miss Cellania. As for the comments:
*George cannot and did not make laws. George cannot and did not author spending bills. The Democratically controlled congress can though*
I just want to point out that the Congress, while nearly universally loathed, has been controlled by the republicans for 6 out of the last 8 years.
Is it far for me to lay ALL the blame at W's feet? No. But *most* of the blame, yes, I think so. The congress writes up the budget, and the president approves it. W's approved every bit of spending and every budget that went across his desk. Clinton got us a balanced budget by using his veto power, causing lots of problems for the congress, and actually making them fix things.
Anyway, just my thoughts.
(Thanks for the link, but if you're reader's don't like, you may want to stay away from me in the future : )
http://www.cato.org/pub_display.php?pub_id=5656
When Clinton left office the National Debt was almost $6 trillion dollars.
The fault is with all of us as Americans. Instead of electing people who are responsible with our money, we elect the people who offer to give us the most free stuff.
Unfortunately, stuff isn't free. It has to be paid for. But we have been putting it all on the National Credit Card with no thought of how we are going to pay for it.
There are still no good candidates. They are continuing on the same path, in fact they are picking up speed. Each Presidential Candidate is out doing himself by promising us more and more stuff.
An honest candidate would freeze tax rates at their current levels and slash 50% of the Federal Budget, no matter how badly it hurt.