Quote:
Originally Posted by hdh1470
|
Of the twenty-seven things everyone shod know about the national debt, theses stood out for me....
- It took more than 200 years for the U.S. national debt to reach 1 trillion dollars. In 1986, the U.S. national debt reached 2 trillion dollars. In 1992, the U.S. national debt reached 4 trillion dollars. In 2005, the U.S. national debt doubled again and reached 8 trillion dollars. Now the U.S. national debt is about to cross the 16 trillion dollar mark. How long can this kind of exponential growth go on?
- The U.S. national debt has increased by more than 1.6 trillion dollars since the Republicans took control of the U.S. House of Representatives in 2010. So far, this Congress, the one that began after the 2010 mid-term elections, has added more to the national debt than the first 97 Congresses combined. (Remember what he Republicans promised if they got control? And we believed them? The joke's on us, isn't it?))
- If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 480,000 years to completely pay off the national debt.
- The United States already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain does.
- The U.S. government is wasting your money on some of the stupidest things imaginable. For example, in 2011 the National Institutes of Health spent $592,527 on a study that sought to figure out once and for all why chimpanzees throw poop
If these few get you irritated, read the whole list of twenty-seven in the linked article.