Second, although the national debt is officially listed at about $14 trillion, click here http://www.usdebtclock.org/ to see various manifestations of our national debt. Go to the bottom where it lists unfunded mandates (Social Security, Medicare and the Prescription Drug Plan). This lists obligations that we are on the hook for, but have not yet been funded. It now stands at (take a shot of Bourbon) $113.2 trillion. Okay, you can back to whatever you were doing. Sorry.
Using time to example the magnitude of the how much a trillion is...remember this; if ONE DOLLAR equaled ONE SECOND, a trillion dollars would equal 32,000 years in time.
9/30/2010 13,561,623,030,891.79
10/1/2009 11,920,519,164,319.42
Difference 1,641,103,866,572.37
I don’t understand why more people can’t see through the Dem BS on this issue. Maybe we just need to just show them a few pictures. Here’s one that I think sums everything up nicely:
http://www.powerlineblog.com/archives/assets_c/2011/04/RAMclrfnl-040511-pie.jpg.cms1.php
Oh to the contrary, those numbers add up.....and have been adding up quicker in just over two years of the AnnointedIdiot’s reign than during the whole 8 years of the Bush administration....... =.=
But that's different. We had a Republican President back then.
After all the BS, here is what the author really believes, gummint good, shutting gummint down, bad.
I receive my monthly pittance from my gummint social security "lockbox" and if the gummint shuts down, I can go longer than any ball-less politician in DC.
I also heard that 3 trillion of that 13 trillion debt is ‘owed’ to the Socal Security so the real debt is 10 trillion and the other 3 is IOUs to itself.
Bump