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by MoonOwl from The Brink of Madness

Last Post 11 days, 3 hours Ago


National debt topped $10 trill. this week"
Oct 5, 2008 | 12:41 PM
Category: News
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Here's a small bit:

"There were no fireworks so a lot of people probably missed it. We even forgot to mention it here on The Swamp when it happened though we saw the reports. Anyway, on the last day of September, the national debt hit $10 trillion plus.

President Bush signed legislation in July that raised the debt ceiling to $10.615 trillion. Meanwhile, the financial bailout legislation passed by the Senate last night would raise the debt ceiling further to $11.315 trillion.

Here's something else worth knowing. The gross national debt as a percentage of the gross domestic product has, under the Bush Administration, hit a 50-year high. The following two charts illustrate the trend nicely:"


http://www.swamppolitics.com/news/politics/blog/200
8/10/national_debt_topped_10_trilli.html


10 Trillion and counting.....
MoonOwl
2 Comments |  Add a Comment

Member Comments Total Comments: 2
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MoonOwl read my blog view my photos
Oct 6, 2008 | 6:15 AM

Tends to leave one speechless doesn't it?
eriknami read my blog
Oct 8, 2008 | 6:49 PM

Doesn't surprise me.
Page 1 of 1


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MoonOwl

I'm a 45yr old DomesticGoddess and MamaRaptor. I'm out-spoken, opinionated & totally unPC.

Member Since: 2/20/2007


 

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