Wednesday, October 08, 2008

NYC National Debt Clock runs out of digits

$10.2 trillion = 10,200,000,000,000
There are about 300,000,000 people in the U.S.
So our national debt is about $34,000 per person, and climbing.;_ylt=AtQ_UgNblwD4Hx21wn4sEjms0NUE

35 minutes ago

NEW YORK - In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure.

As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the "1" in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion.

The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.

The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.

No comments:

Post a Comment