All Commentary
Tuesday, December 4, 2007

Government Debt Hits $9.13 Trillion


Like a ticking time bomb, the national debt is an explosion waiting to happen. It's expanding by about $1.4 billion a day — or nearly $1 million a minute. What's that mean to you? It means almost $30,000 in debt for each man, woman, child and infant in the United States. (USA Today, Tuesday)

You mean we don't owe it to ourselves?

FEE Timely Classic
A $5 Trillion National Debt by Hans F. Sennholz