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Hamlette Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 01:29 PM
Original message
National Debt clock
Edited on Sun Nov-30-03 01:29 PM by Hamlette
to respond to another thread, and out of curiosity, I checked the national debt clock. It's going down???? What's that about? I didn't think the debt was going down. How can that be?

Don't say anything that will feed my irrational paranoia about this.

http://www.uwsa.com/uwsa-usdebt.html

(edited to provide the link)
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 01:34 PM
Response to Original message
1. It..it..it's running backwards! We're spending our way out of debt.
ROFLMAO

Great find, Hamlette.

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Hamlette Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 01:41 PM
Response to Reply #1
2. I still don't get it
do you think it is a computer glitch? Did we raid the lock box? Is it GOP propaganda? How can the debt clock be going down?
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 01:44 PM
Response to Reply #2
3. could be a hack job...
...by someone with a sense of humor.
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DeathvadeR Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 01:48 PM
Response to Reply #3
4. Thats what I was thinking.
But they are posed to raid the LOck-Box, The public are being primed as we speak...


How is it that we are the Richest Nation, when we owe more then any other?
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ArkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-03 10:24 AM
Response to Reply #4
12. The lock-box......
funny!!
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MisterP Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 02:13 PM
Response to Reply #1
6. the graph shows a tiny nick in the debt; looks temporary
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Orrin_73 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 01:57 PM
Response to Original message
5. This is a better one
http://www.brillig.com/debt_clock/
which tells the true debt

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Hamlette Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 02:23 PM
Response to Reply #5
7. ah...thanks
the brilling clock is going up. It could also just be temporary but he Treasury page also shows it down for the month of November.

Odd that there are so many clocks on the web and they show basically three different set of numbers.

Still, we are near 7 trillion bucks. scary.
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tritsofme Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 02:40 PM
Response to Original message
8. When the treasury shifts assets
Edited on Sun Nov-30-03 02:43 PM by tritsofme
the government literally has more money to spend than it did before the the assets were shifted.

Or maybe this being the time of year when appropriations bills get passed, payments on the interest of the national debt are being made.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 03:13 PM
Response to Original message
9. Oops, someone else said it before me.
Edited on Sun Nov-30-03 03:14 PM by HypnoToad
One duh to me for not looking. Anyone care to put me out of my misery? :-)
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-03 09:19 AM
Response to Original message
10. I checked with Bill, the site webmaster
and here, with his permission, is his email reply:

From: <uw-bill@UWSA.COM>
Some days are like that. Check the bottom of the page and you'll see what
we do to keep it accurate. We re-sync to US Treas. numbers every weekday.
On certain days there actually is more inflow than outflow. Prinipally
this is tied to when Corporate payrolls deposit their withheld taxes.
I've never seen it last more than 3 days in a row and over the month the
debt will increase. ;(

Bill


fwiw,

dp
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JNelson6563 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-03 09:40 AM
Response to Reply #10
11. looks to be going up now
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Ficus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-03 10:28 AM
Response to Reply #11
13. I noticed this on that page
this was what was on the FAQ of http://www.toptips.com/debtclock.html

Q. Why is the Democrat Party only now concerned about the Debt?

A. They think that they can make it a 2004 election issue. The Democrats have not been interested in the rising National Debt for 40 years! They have "insisted" on more and more entitlement programs that only serve to drive up the Debt. They think that you don't understand what they have done to you and to the Country, and they are right! Most people don't have a clue, and are looking for simple answers. If any Democrat Party politician says that they can reduce the Debt, then ask them "Which Entitlement programs will you cut or eliminate?"

"It's the Entitlements, stupid!"
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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-03 11:04 AM
Response to Reply #13
14. Just ask them what Democratic president ever had a recession
That usually will have them squirming. They have no answer.
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