National debt numbers

Bluestem Associates (bluestem@webserf.net)
Tue, 07 Sep 1999 22:14:39 +0100

On Tue, 07 Sep 1999 09:16:39 -0600, TED ROGERS wrote:

>Gee Bart, are you saying that there is no surplus?

Ted ---

You and several others have asked me the same question.

I'm not saying there's no surplus, the *NUMBERS* are saying there's no
surplus ....

NatDebt 99.09.07 = $ 5,670,241 million
NatDebt 98.09.30 = $ 5,526,193 million

Increase in ND = $144,040 million in 342 days

This works out to $421.2 million per day.

That is a 36% worse daily increase than in FY98, by the way ...

NatDebt 98.09.30 = $ 5,526,193 million
NatDebt 97.09.30 = $ 5,413,146 million

Increase in ND = $113,047 million

This works out to a mere $309.7 million per day.

To put the present debt in a context we ordinary folks can understand,
consider a tightly packed stack of 1000 brand new $1 bills. It will be
4 inches high.

The US National Debt, as of today, would make a stack 343,455 miles
(552,619 km) high. The average daily increase is equivalent to 26.2
miles per day.

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