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Our Two Cents

AUGUST 8, 2007
Why is it that republicans like to run up debt and cut taxes? Well, it is what undisciplined, immature kids do. Live large, spend on stupid stuff and mortgage their future. Bush inherited a nice surplus when he was given his office by the Supreme Court. The outstanding public debt as of today, August 9th 2007 at 11:30:25 PM is: $8,947,817,981,043.98 The estimated population of the United States is 302,655,251 so each citizen's share of this debt is $29,567.69. The National Debt has continued to increase an average of $1.41 billion per day since September 29, 2006! For an article in GQ by The New York Time's Paul Krugman, I showed an empty piggy bank/head of George Bush. If we had 2 cents surplus we would be jumping for joy! This was hard to do initially so I told the AD I would do a detailed comp to see if I could figure it out. I did. It helped that I have a glass head I picked up from an antique store years ago. ~~~~~~~~~~~~
The Gross National Debt