Neil

Clock Shock: Federal debt tops $16 trillion

If you were to spend one dollar every second, it would take you 32,000 years to spend one trillion dollars. Multiply that by 16 and …well … you get the picture.

Talk about sticker shock!

The U.S. Debt Clock hit $16 trillion today. Most of us cannot comprehend such a massive amount of money. Think about it this way: If you were to spend one dollar every second, it would take you 32,000 years to spend one trillion dollars.  Multiply that by 16 and …well … you get the picture.

Here’s another way to look at the national debt. If you pay taxes, your portion of the national debt is $140,011.  If you break it down even further, every American citizen owes $50,907.

I wonder if anyone has buyers’ remorse?

Here’s a screen shot of the National Debt Clock at 4:06 this afternoon.

 

Click here to monitor the U.S. Debt Clock

 

 

Last month the Congressional Budget Office warned the nation would plunge into a recession next year if Congress fails to prevent $500 billion in tax hikes and spending cuts. The deadline for Congress is December 31.

How do you feel about the national debt?

I welcome your thoughts and comments.

Thanks for making WYMT-TV your source for news and information.  We appreciate your trust.

God Bless America!
 
Neil Middleton <><
WYMT Mountain News
Appreciate Freedom – Thank a Vet!

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