"We ain't a sharp species. We kill each other over arguments about what happens when you die, then fail to see the ******* irony in that." - Justin Halpern
So, kinda begs the question that if you don't believe the administration on the debt clock, the administration, you know, the most transparent administration in history? Then how can you trust any of their numbers?The U.S. national debt for the past 70 days has been stuck at exactly $16,699,396,000,000, CNSNews.com reports, citing the Daily Treasury Statement for July 26.
“That is approximately $25 million below the legal limit of $16,699,421,095,673.60 that Congress has imposed on the debt,” the report notes.
Fed debt subject to the legal limits imposed by Congress first hit the $16.7B mark on May 17. The national debt has for every business day since then been exactly $16,699,396,000,000.00.
“If the debt had increased by even $30 million at any time during those 70 days, it would have exceeded the statutory limit,” the report conceded.
However, according to the Treasury, the debt hasn’t budged an inch. It has been stuck at exactly $16,699,396,000,000:
Odd? National Debt Stuck at Exactly $16,699,396,000,000 for 70 Days | TheBlaze.com
Sorry, don't buy it, the problem today is lack of leadership and a very poor economic plan. The stimulus failed because it did nothing to promote the private sector growth, Obamacare is a job killer, and our vacationing/golf playing President doesn't have the leadership skills to bring the two parties together. There was no war in 81-82 during a worse recession than this one but Reagan leadership and positive attitude brought us out of it quickly and created 17 million jobs.
What you are seeing today is what happens when people think with their hearts and elect a totally unqualified community agitator to the highest office in the land. This "do as I say, not as I do" President is incompetent and a disaster.