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June 26, 2009

Alarming Dashboard View of U.S. Debt

Us-debt-clock

Here's a money-saving tip: Instead of forking over a couple of bucks for your morning coffee, load up  The U.S. Debt Clock instead. The neck-breaking speed at which our country is careening towards financial ruin will snap you out of your early-morning grogginess far more effectively than a triple-shot of espresso with a Red Bull chaser. Watching the U.S. national debt, credit card debt, medical debt, and various entitlement liabilities skyrocket, I envisioned Uncle Sam at the gas pump, pouring greenbacks into a tank that we'll never be able to pay for when the bill comes.(via The Agitator)

Mark Frauenfelder – Editor-in-chief of MAKE magazine and the founder of the popular Boing Boing weblog, Mark was an editor at Wired from 1993-1998 and is the founding editor of Wired Online.

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Comments

I dunno Mark...kinda makes me want to crawl back in bed.

Sure, what we need now is more fear mongering.

I wish they had used a monospaced font for the numbers. It jumps around too much as it is.

You're scaring us pointlessly. All this country needs for the debt to get paid down very quickly is more people with good jobs.

If we earn more money, we pay more taxes. Thus the national debt gets wiped out. End of story.

I'm going to write about this next on my own blog, http://www.hopefullily.blogspot.com to try to counteract this fear-mongering.

This dashboard gives a clear overview of US debt , US is hit by the economic crash with national debt , credit card debt , medical debt etc .

The U.S. federal government is guaranteeing large amounts of obligations relating to mutual funds, banks, and corporations under several new programs designed to deal with the problems initiated by the Liquidity crisis .

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