Eight Trillion, Eight Hundred Seventy Nine Billion, Five Hundred Three Million, Seven Hundred Sixty Eight Thousand, One Hundred Sixty Seven Dollars and 16/100
by James Glaser July 12, 2007 That is how America would have to write out the check to pay off our National Debt on July 12th, 2007. In numbers it is $8,879,503,768,167.16. If you want to know your fair share, it is $29,363.05. If you have a family of four, multiply that number by four and you will see what your family owes today. I say today, because our national debt is increasing by $1,310,000,000.00 every day or by about four dollars a day for every citizen. I wrote about this debt back in November of 2002. The Debt then was Six Trillion, Two Hundred Seventy Billion, Three Hundred Ninety Million, Four Hundred Forty Five Thousand, One Hundred Seventy Nine Dollars and 16/100. When people talk about George Bush using the American credit card, they are talking about how he has borrowed money to pay for his wars. Just the difference in the debt between 2002 and 2007 is $1,609,113,332,987.99. In his whole term in office George has put over two billion on our plastic. So much for Republicans talking about smaller government. Governments get their money from taxes. So some day some Americans are going to have to come up with the money to pay off this debt, or like for anyone else, the interest will bankrupt us.
Another Tired Old Line from George Bush
The McClatchy Newspapers are reporting that President Bush is again trying to link Iraq with the 9/11 attacks on our country.
It was about two years ago that George Bush himself admitted that Saddam Hussein had nothing to do with the 9/11 attacks, but today the President is desperate to link anything he can think of with his war in Iraq. He needs something to justify keeping our troops there, and if that justification is a lie, well it wouldn't be the first time. Remember weapons of mass destruction and how about those mushroom shaped clouds over American cities? The truth is that no Iraqi was in that attack on us, and surprise, surprise, there was no one from Afghanistan either. |
BACK to the 2007 Politics Columns.