[Boonie Rat]

The Outstanding Public Debt as of 29 Jul 2002 at 09:12:35 PM GMT is:

The estimated population of the United States is 287,918,639 so each citizen's share of this debt is $21,345.02.

The National Debt has continued to increase an average of $1,111 million per day since September 28, 2001!

BOHICA!!!

Boonie Rat

MACV SOCOM, PhuBai/Hue '65-'66

[ex-snook]

Someone is using 'selective accouting'. The deficit increase did not start with 9/11.

Current Amount 07/26/2002 $6,150,620,096,273.10

09/28/2001 $5,807,463,412,200.06

[SteamshipTime]

It's worse than you think: $33 trillion and counting.

[exnavy]

WoW can you believe the audacity of the politicos of America, that BOHICA term takes me back!

[Brian Allen]

Factor in the Social Security and Medicare Ponzi Scam liabilities and the debt leaps to Thirty Five Trillion Dollars.

Then factor in such other scams as the student loans that are never repaid; the ExIm "bank" scams that are never repaid and all of the other feral gummint "loan guarantees" [Fannie Mae's Hundreds of Billions spring to mind] that are going to be paid out on your behalf [All of these liabilities are in the plus side of feral gummint accounts] -- and the actual "national debt" most certainly exceeds Fifty Trillion Dollars.

And is growning even faster than it is being chased down by that most insidiously-manipulated form of taxation -- Inflation.

Counterfeiting by any other name. The deliberate increase in the supply of money, creation of credit and debasing of the currency that is currently running at a rate that sees the value of a United States of America Dollar halved every five years!

[P-Marlowe]

so each citizen's share of this debt is $21,345.02.

So amortized over 30 years thats about $800 per year per person. That's $66 per month or about $33 per paycheck. If we were serious about paying off the debt it could be done easily. The problem is that nobody is serious.