A clock that does not tell time.warning its the usa national debt clock..

[Tom_Hull]

An interesting debt clock .heres a link


http://www.usdebtclock.org/index.html

[EL34]

yes and just like a real clock, it will never go backwards

We won't even be able to service the interest at some point

[Madison]

Gotta love the "assets per person" waaaaaaaaay down at the bottom.
$300,000  
This clock is totally screwed up.
With inflation and money creation, I outta be worth billions by now!

[Tom_Hull]

hi
time
so it is very close now that the us government cannot pay the interest.

1 trillion owed to China . and they want to delay the payments for a few days ..
and cannot pay the US workers in  the government .,,without printing money or borrowing ,,,

well we have health insurance in Canada and that cost lots ,added with schools . its almost 1/2  of the taxes paid .

How can the USA have health insurance with out adding a 20% .to the income tax or a tax

The US dollar was the currency for the world  .

And china is starting to use their  money .to trade .

To me that would mean that printing US money will lead to inflation . money nobody wants .and has little value

they should have learned math.

I hope I am wrong .

[loogie]

You're not entirely wrong and health care is a very broad topic.  Its much more instructive to look at the ratio of debt to gdp.  Raw numbers don't mean much.  Notice that we've been here before and we found our way out.  Also notice the rise in debt to gdp under Reagan (and no it wasn't because gdp collapsed).

We can fix our debt problems once we grow the economy and the greater risk at the current time is deflation.

The real problem is labor participation.  You can pretty much ignore the unemployment rate.  What really matters is how many people are working. 

[loogie]

This might be a better way to look at employment.