US Debt Ceiling Visualized: Stacked in $100 dollar bills @ $16.394 Trillion Dollars
US Debt has now surpassed the size of US economy in 2011-- rated @ $15,064 Trillion. Statue of Liberty seems rather worried as United States national debt is soon to pass 20% of the entire world's combined economy (GDP / Gross Domestic Product).
“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” - Thomas Jefferson
If the national debt would be laid in a single line of $1 bills, it would stretch from Earth, past Uranus.
Posted by gerardvanderleun at February 4, 2014 10:08 AMSo you could wipe Uranus with it.
Posted by: JB at February 4, 2014 7:07 PMI think it is simply amazing that the politicians think it perfectly 'moral' to borrow so heavily against the future labor of children, and then spend so much money ensuring that more children are not even conceived or born. I can't even imagine the kind of mental gymnastics involved in that kind of insanity. So in the end who is really going to pay this debt back? The elderly? The politicians themselves? Or do we taxpayers get to forfeit our life savings/pensions/retirement to repay this monstrosity?
Posted by: shana at February 4, 2014 10:59 PMFederal debt is increasing at over 200 million an hour. Every penny of it is allocated to some constituency that devotes all of its skill and effort to defending its little patch of turf.
Regarding paying the debt, is is obvious that nobody is going pay it. The best people can do is to try to protect themselves from the dying beast as it flails about.
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