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Debt and Deficit Truths:
- Federal debt increases by $5 billion borrowed bucks per day.
- In the 2 hours it took me to write this stupid post, the debt increased by $400 million or so.
- In the 2 minutes it took you to read this, the burden on your children grew by a cool $8 million.
- It took us over 200 years as a nation (from 1776 thru 1983) to accumulate a TOTAL national debt of $1 trillion.
- Now and for the foreseeable future we will be adding $1 trillion to the national debt roughly every 8 months.
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