Wednesday, August 24, 2011
weblog2011webnet: New national debt data: It's growing about $3 mill...
weblog2011webnet: New national debt data: It's growing about $3 mill...: New national debt data: It's growing about $3 million a minute, even during his vacation - latimes.com
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Obama is saying yes, we can get control of the national debt. But ominously every time he says that he adds that trillions of dollars in infrastructure repairs are badly needed across the country. And with interest rates so low, according to the thinking on Obama's planet, now is an excellent time to borrow even more money.
ReplyDeleteSo, it looks like not too long before Americans learn what comes after 1,000 trillions.
It's quadrillion. But for Bernanke's sake, please don't tell anyone in Washington.
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