NYC National Debt Clock runs out of digits
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NYC National Debt Clock runs out of digits
NEW YORK — In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure. As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the "1" in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion.
The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.
The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.
But the unfunded liability debt owed by the US Government is close to $60 TRILLION.
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SamCogar- Number of posts : 6238
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