Wednesday, October 8, 2008

Time's up for the debt clock.



Back in the good old days of 1989, a visionary developer named Seymour Durst wanted to call attention to our mounting national debt, which at the time was about 2.7 TRILLION dollars.
He designed a "national debt clock" which advanced as our national debt did. Now it's obsolete. Remember when gas pumps had to be replaced because they weren't designed to handle prices over a buck a gallon? Yup.
The national debt clock has run out of digits. I doubt the erstwhile Mr. Durst (or anyone else) imagined a 10+ trillion dollar debt, but we have one now. The current maintainers of the clock say they'll add more digits next year. I was always told as a kid the Democrats were the tax-and-spenders, but since Reagan the Republicans have become tax cutters-and-spenders. Vote Libertarian.

No comments: