It took
the US government over 200 years to accumulate its first one trillion dollars
of debt. It took just 286 days to rack up it's most recent trillion.
Last month alone, the first full month of fiscal year 2013, the US government accumulated nearly $200 billion in new debt - 20% of the way to a fresh trillion in just 31 days.
That's more than a little sobering.
From: The Math That Shows How Bad The Debt Crisis Is.
Last month alone, the first full month of fiscal year 2013, the US government accumulated nearly $200 billion in new debt - 20% of the way to a fresh trillion in just 31 days.
That's more than a little sobering.
From: The Math That Shows How Bad The Debt Crisis Is.
[Apologies for having lost the four comments on this post when it first went up. Technical glitch, I'm afraid.]
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