Tuesday, February 16, 2010

PLN11S2

I read an article today called "The U.S. National Debt and How It Got So Big" by Kimberly Amadeo and this was showing how the US debt was becoming such a big issue. Predictions show that by about 2020 the US debt will be around 23.1 trillion dollars of debt (from 13 Trillion and Counting) as of 3:26:11 the debt is $12,377,549,228,897 and counting. (National Debt Clock) which means we own that much money to mainly the Chinese since they are our main source of borrowing. This is not making China happy. This is a problem that has crept up on us and it must soon be fixed. If it is not fixed soon, we will be in a bigger problem than we already are. Over the course of 1 minute (3:27:55) the debt is now $12,377,554,968,596. That is an extra $5,739,699. This means we go more than $1,000 in debt every second, adding up to more than 1 Million dollars every minute. This numbers must be changed.

12 comments:

  1. good topic, very controversial

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  2. Good job on your presnetation just dont look at screen to much.

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  3. Great presentatin, we were well prepared and spoke very clear. Great job

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  4. Nice job Ms. Yum Yum, however you read the screen a lot.

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  5. Stop the government from spending a lot of money

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  6. good job you were very prepared

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  7. Lots of huge facts. It seemed like when you presented it sounded like a bunch of random numbers. But a good topic.

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  8. great job so very cool did not know that

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  9. Good Job nice voice could really hear you. This is very interesting to know this that is so crazy that they happens so quick that is rediculos. You did look at the board to much though nut other than that was a very interisting topic great!!!!!

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  10. good job, you had a good point and seemed well prepared.

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  11. Good job, this problem does not have a lot of popularity and definitely needs attention.

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