March 31, 2006

US defecit to reach 10 trillion

I try to avoid getting too political here on my investing blog, but sometimes politics, economy, and investing are inseperable. So it is with the national debt clock.

The fact is, Clinton had things somewhat under control. They actually covered the national debt clock for a while (at 5.7 trillion) because it couldn't count backwards as Clinton shrank the defecit. Then came Bush.

Now the clock is expected to crash before Bush leaves office in 2009 because the defecit will have reached 10 trillion dollars. Well, there, that wasn't too political, was it?

Posted by James Trotta at March 31, 2006 3:58 AM
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