vrijdag 1 november 2013

U.S. public debt increases at higher pace

As I pointed out earlier here, the debt slope has gone up dramatically. More evidence can be found in this updated chart of U.S. public debt. The debt just went up $70 billion in one day to $17.156 billion.It is going to a point that the U.S. government is now implementing legislation to tap the intragovernmental debt from the social security funds to magically reduce debt. That's right, they are taking your money to pay down debt.

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