Ming the Mechanic:
National Debt

The NewsLog of Flemming Funch
 National Debt2004-01-14 03:20
9 comments
by Flemming Funch

More on the U.S. national debt, from Al Martin Raw, the article "Scoreboard 2003". Seems to be in the member area, but somebody sent me an e-mail copy.
The total national debt of the United States on a fully realized basis, inclusive of federal, state, county and local debt stood at a record $20.613 trillion (83.73% of said debt having been created from 1981-92 and from 2001 to present.) The total public and private indebtedness of the United States ended the year 2003 at $39.384 trillion. The total public and private assets of the United States ended the year 2003 at $26.134 trillion. Thus, the United States by the end of 2003 has a negative net worth of approximately $13 trillion. The total debt service of the United States ended the year 2003 at 309.4% of GDP (Gross Domestic Product). These are numbers never before seen. This is a higher debt to gross domestic product ratio than any other country on earth, which still services its debt.
Doesn't sound good. I'd like to see some other sources on that, of course. The periods he's mentioning, 81-92 and 2001 to the present, where 83.73% of the debt were generated is when Reagan and the two Bushes have been presidents.


[< Back] [Ming the Mechanic]

Category:  

9 comments

14 Jan 2004 @ 11:04 by sharie : $ paid to the Rich, billed to the poor
To refer to this as *U.S. debt* is a lie.

This *debt* is money *owed* to the rich because of the way the *rich* manipulate the media, the politicians, and the mass population.

$500 billion a year to weapons companies, for example, for what?

What country is a threat to us?

Who is a threat to us?

The weapons makers!

They're the threat.

The military and CIA is there to protect us?

Obviously not.

So why pay them?

Their perspective on the *debt* needs to be adjusted.

The U.S. people don't *owe* the rich *any* money.

Those who've swindled, and embezzled, and funnelled the money, distorted evidence and lied to the press in order to manipulate the federal budget funding... they owe *us* the money they embezzled and swindled.

Come on, Ming, don't look at it from *their* perspective.

*THEY* owe *US* ...

$20 trillion.

Divide $20 trillion by the 100 million U.S. adults (ballpark figure) and we might expect a refund of ...

let's see where's my calculator ...

20,000,000,000,000 divided by 100,000,000...

= 20,000,000

$20 billion to each of us.

Sounds about right.  



14 Jan 2004 @ 11:16 by ming : Who owes who
Yes, I agree, it would be more correct to look at it that way. Somebody has stolen 20 trillion dollars from the U.S. population. They've to a large extent given it to their friends and spent it on frivolous pet projects of theirs. They leave the people of the U.S. with the bill, without being authorized to do so. To correct the calculation, 20 trillion divided with 100 million adults is $200,000 per person. Which is still a heluva lot.  


14 Jan 2004 @ 12:08 by sharie : Math was never my strong suit.
I tried to be so careful with all those zeros.

But you're right... 5 zeros...

$200,000 to us all.  



15 Oct 2006 @ 18:34 by qrswave @68.174.20.219 : great post - and even greater comments!
I realize these figures are very old - but, they're mind-boggling!

Do, you have any recent figures for the cumulative personal and public debt?

BTW, I'm blogrolling you.  



4 Oct 2016 @ 04:30 by uc browser for pc  @117.201.29.234 : qbh
hi http://www.mobogenieforpcc.com
good http://www.snapchatforpcdownload.com
post http://www.ucbrowserforpcc.com
snapchat windows http://www.snapchatforpcdownload.com/2016/06/snapchat-pc-free-download-windows-xp788-110/
snapchat for linux http://www.snapchatforpcdownload.com/2016/06/snapchat-for-linux-free-download/
snapchatdownload http://www.snapchatforpcdownload.com/2016/06/snapchat-download/
snapchat app http://www.snapchatforpcdownload.com/2016/06/snapchat-app-free-download/
mac http://www.snapchatforpcdownload.com/2016/06/snapchat-for-mac-pc-free-download/
ios http://www.snapchatforpcdownload.com/2016/06/snapchat-app-for-ios-free-download/
android http://www.snapchatforpcdownload.com/2016/06/snapchat-for-android-free-download/
windows http://www.mobogenieforpcc.com/2016/06/mobogenie-for-pc-windows-xp788-110-html/
app http://www.mobogenieforpcc.com/2016/06/mobogenie-app-free-download/
ios http://www.mobogenieforpcc.com/2016/06/mobogenie-for-ios-free-download/
android http://www.mobogenieforpcc.com/2016/06/mobogenie-for-android-free-download/
windows http://www.ucbrowserforpcc.com/2016/06/uc-browser-for-pc-free-download-windows-xp-7-8-10/
ios http://www.ucbrowserforpcc.com/2016/06/uc-browser-for-ios-free-download/
mac http://www.ucbrowserforpcc.com/2016/06/uc-browser-for-mac-pc-free-download/
android phone http://www.ucbrowserforpcc.com/2015/12/uc-browser-apk-for-android-phone-free-download/
windows phone http://www.ucbrowserforpcc.com/2015/12/uc-browser-for-windows-phone-free-download/  



17 Oct 2016 @ 21:55 by trio4d @103.12.162.3 : togel online hongkong
was very helpful and very useful
articles that you provide very helpful and nice to everyone thanks
promo
http://trio4d.com/promo-bagi-player-trio4d.html
daftar
http://trio4d.com/daftar-member.html
cara
http://trio4d.com/cara-bermain-togel.html
informasi
http://trio4d.com/informasi-pasaran.html
Buku mimpi
http://trio4d.com/buku-mimpi.html  



21 Oct 2016 @ 05:21 by xender for pc @59.93.12.204 : xender
Good useful Blog
http://www.xenderforpcapp.com  



2 Nov 2016 @ 05:33 by 20161102lck @107.151.159.104 : 20161102lck
http://www.the-northfacejacket.us.com
http://www.basketballshoes.us.com
http://www.pradahandbags.org.uk
http://www.fredperrypoloshirts.com
http://www.long-champoutlet.us.com
http://www.hollistershirts.me.uk
http://www.airjordan4.org
http://www.mizunorunningshoes.us
http://www.burberrysaleoutlet.us.com
http://www.louisvuittonhandbagssale.us.com
http://www.cheapuggsforsale.in.net
http://www.louboutinpas-cher.fr
http://www.michaelkorsbags.org.uk
http://www.michael-korsoutletclearance.us.com
http://www.outletmichaelkors.co.uk
http://www.rolexwatchesforsale.in.net
http://www.nikeairforce1.fr
http://www.ralphlaurenoutlet.org.uk
http://www.mulberryhand-bags.org.uk
http://www.rolex-watches.it
http://www.sunglassesrayban.org.uk
http://www.nba-jerseyswholesale.us.com
http://www.coachoutletclearanceonline.us.com
http://www.tiffany-jewelry.com.co
http://www.uggboots-clearance.in.net
http://www.toryburchoutlet-online.us.com
http://www.michaelkorscanada.ca
http://www.pradashoes.us
http://www.cheapoakleysunglass-es.us.com
http://www.canada-goose.com.co
http://www.truereligionjeansoutlet.co.uk
http://www.canada-gooseoutlet.com.co
http://www.nikeair-huarache.org.uk
http://www.michaelkorsoutlet-onlineclearance.us.com
http://www.foampositeshoe.net
http://www.coach-onlineoutlet.us.com
http://www.cheap-uggsoutlet.in.net
http://www.celine-outlet.us.com
http://www.louis-vuittonpascher.fr
http://www.toryburchoutletsonline.in.net
http://www.montblancpenss.us.com
http://www.abercrombiefitch-hollister.es
http://www.louisvuitton-neverfull.us.com
http://www.mcm-outlet.us.com
http://www.toryburch-outletstore.in.net
http://www.tiffanyandco.me.uk
http://www.cheapraybansun-glasses.us.com
http://www.michaelkorsfactoryoutletclearance.us.com
http://www.giuseppe-zanotti-outlet.org
http://www.lebronjames.us.com
http://www.cheap-jordanshoes.us.com
http://www.truereligion.org.uk
http://www.polo-ralphlauren.us.org
http://www.truereligion-jean.us.com
http://www.edhardy.us.com
http://www.ysloutletonline.com
http://www.louisvuittonhandbagsoutlet.org.uk
http://www.nfljerseyswholesale.us.com
http://www.coachoutletstore.com.co
http://www.swarovskicrystal.in.net
http://www.oakleysun-glassescheap.us.com
http://www.louisvuittonhand-bags.us.org
http://www.jordanshoes.us.com
http://www.versacesunglasses.com.co
http://www.longchamphandbags.org.uk
http://www.oakleysunglasseswhole-sale.us.com
http://www.rolexoutlet.us.com
http://www.cartier.us.com
http://www.adidasyeezyboost350.us.com
http://www.coachoutletonline-factory.us.com
http://www.converseshoes.us.com
http://www.uggsonsale.in.net
http://www.iphonecase.me.uk
http://www.nikefree5.us
http://www.niketnpascher.fr
http://www.swarovskicrystal.me.uk
http://www.cheapfootballshirt.org.uk
http://www.uggbootsforwomen.in.net
http://www.fitflopsshoes.co.uk
http://www.cheapuggoutlet.in.net
http://www.louisvuitton--handbags.us.com
http://www.tiffanyjewellery-outlet.co.uk
http://www.longchampoutlet.us.com
http://www.pradasunglasses.us.com
http://www.nikerosherunshoes.org.uk
http://www.thenorthfacejacket.com.co
http://www.ferragamoshoesoutlet.net
http://www.cheapsoccerjersey.net
http://www.swarovski-crystal.co.uk
http://www.vans-shoes.cc
http://www.airmax90.us.com
http://www.coachoutletonlineclearance.us.com
http://www.nikerosherun.me.uk
http://www.louisvuittonoutlet-stores.us.org
http://www.salomonshoes.us.com
http://www.lacostepoloshirts.cc
http://www.lululemonoutlet.me.uk
http://www.poloralph-lauren.org.uk
http://www.coachoutletonlineshopping.us.com
http://www.uggbootsoutlet.me.uk
http://www.uggboots-outlet.me.uk
http://www.guccioutletonline.us.org
http://www.cheapnfljerseyss.us.com
http://www.ralphlauren-pascher.fr
http://www.adidas-wings.in.net
http://www.kobe9elite.us.com
http://www.maccosmetics.in.net
http://www.niketrainers.me.uk
http://www.ferragamooutletstore.net
http://www.cartier-outlet.us.com
http://www.mont-blancpens.com.co
http://www.jordan-pascher.fr
http://www.michaelkors-handbags.co.uk
http://www.uggboots-onsale.in.net
http://www.ralphlauren-polo.us.com
http://www.rolexreplicawatches.com.co
http://www.calvin-klein.in.net
http://www.cheap-ray-bansunglasses.us.com
http://www.cazal.us.com
http://www.ferragamoshoes.com.co
http://www.mulberry-handbagsoutlet.org.uk
http://www.ralphlauren-polo.com.co
http://www.coachoutletonlinesale.com.co
http://www.canadagoosejackets.eu.com
http://www.saclongchamp-pliage.fr
http://www.ghdstraighteners.org.uk
http://www.ralph-laurenpolo.it
http://www.rayban-sunglasseswholesale.us.com
http://www.valentinooutlet.us.com
http://www.airjordan11.net
http://www.christianlouboutin-outlet.me.uk
http://www.diorsunglasses.com.co
http://www.truereligionoutlet-store.us.com
http://www.michaelkorsoutletonlinestores.us.com
http://www.ferragamoshoes.org.uk
http://www.newbalanceshoes.in.net
http://www.ralphlauren-polo.in.net
http://www.nikeblazerpas-cher.fr
http://www.moncler.us.com
http://www.louisvuittonoutlet-clearance.us.com
http://www.nike-airmax2015.us
http://www.cheapreplicawatches.com.co
http://www.michaelkorsfactoryoutlet.us.com
http://www.uggoutletstoreshoes.in.net
http://www.longchamppliage.fr
http://www.pandora.eu.com
http://www.adidas-trainers.org.uk
http://www.bootsugg.co.uk
http://www.nikestore-uk.me.uk
http://www.watchescartier.us.com
http://www.cheapoakleysunglasseswhole-sale.us.com
http://www.louisvuittonsunglasses.us.com
http://www.mulberrybags.me.uk
http://www.coachoutletclearanceonline.com.co
http://www.raybansunglass.com.au
http://www.cheapuggbootsforsale.in.net
http://www.raybansun-glassessale.us.com
http://www.toryburch.com.co
http://www.juicycoutureoutlet.net
http://www.uggbootsclearancesale.in.net
http://www.christianlouboutinscheap.us
http://www.outlettruereligion.in.net
http://www.michaelkorsoutlet-uk.org.uk
http://www.cheapuggboots.net.co
http://www.jordan-shoes.us.com
http://www.outletmichaelkors.org.uk
http://www.louisvuitton-handbags.me.uk
http://www.beatsbydrdre.co.uk
http://www.adidasnmdshoes.us.org
http://www.reebokoutletstore.us.com
http://www.hollisterclothing.co.uk
http://www.polooutletstore.us.com
http://www.pumaoutletonline.com
http://www.katespadehandbags.me.uk
http://www.outlet-louisvuitton.us.com
http://www.burberry-outletstore.in.net
http://www.handbagslongchamp.us.com
http://www.fitflop.in.net
http://www.michaelkorsoutlet-clearance.us.com
http://www.michaelkorsoutletonline-store.us.com
http://www.toms-shoes.us.com
http://www.louis-vuittonhandbag.us
http://www.kobebryantshoes.in.net
http://www.cheapjordan-shoes.us.com
http://www.raybansunglassesinc.us.com
http://www.polo-ralphlauren.com.co
http://www.mulberrysale.co.uk
http://www.canada-goosejackets.com.co
http://www.mbtshoes-outlet.us.com
http://www.hermes-outlet.us.com
http://www.tomsshoes.in.net
http://www.fitflopssale.me.uk
http://www.uggoutletonline.com.co
http://www.ferragamo.eu.com
http://www.nike-outletonline.com
http://www.suprashoes.us.com
http://www.louisvuittonhandbags-outlet.us.com
http://www.louisvuittonhandbags.me.uk
http://www.uggsoutlet.me.uk
http://www.uggboots-outlet.org.uk
http://www.hermesoutletstore.us.com
http://www.tiffanyjewelryoutlet.in.net
http://www.thomassabo.me.uk
http://www.clearancefitflopssale.com
http://www.bottega-venetaoutlet.net
http://www.adidasnmd.me.uk
http://www.rolexwatchesforsale.me.uk
http://www.chaussurelouboutin.fr
http://www.instylerionicstyler.com
http://www.uggoutlet-store.in.net
http://www.kobeshoes.us
http://www.michaelkorshandbagscheap.us.com
http://www.nhl-jerseyswholesale.us.com
http://www.louis-vuittonlv.us.com
http://www.fitflopssale.us
http://www.fitflopsoutletsale.com
http://www.cartierwatches.us
http://www.cheapnf-ljerseys.us.com
http://www.louisvuitton-handbags.co.uk
http://www.ray-bansunglassescheap.us.com
http://www.hollisteruksale.co.uk
http://www.nike-mercurial.net
http://www.longchamphandbag.co.uk
http://www.canadagoose-outletstore.com
http://www.nikeairmax90.me.uk
http://www.canadagoosejackets.us.org
http://www.truereligionjeanssale.in.net
http://www.nikeoutletstore.us
http://www.michaelkorsoutlet-factory.us.com
http://www.beats-headphones.in.net
http://www.hollisterclothingstore.in.net
http://www.cheapuggbootsoutlet.in.net
http://www.beatsheadphones.org.uk
http://www.cheap-snapbacks.us.com
http://www.christianlouboutin-shoes.org.uk
http://www.michaelkorsoutlet-store.us.com
http://www.michaelkorshandbags-clearance.us.com
http://www.michael-korsoutletsonline.us.com
http://www.rolexwatchesoutlet.us.com
http://www.nike-airmax90.org.uk
http://www.louisvuittonoutlet-stores.us.com
http://www.truereligionjeansoutlets.us.com
http://www.nikeairmax90.co.uk
http://www.nikeoutletstores.us
http://www.longchamp-solde.fr
http://www.tomsshoes.me.uk
http://www.swarovski.in.net
http://www.omegawatches.me.uk
http://www.ferragamo-shoes.us.com
http://www.celineoutletus.com
http://www.nikefreerun5.org.uk
http://www.uggson-sale.in.net
http://www.tiffanyjewelryoutlet.us
http://www.fitflopssale.in.net
http://www.longchampbag.org.uk
http://www.christianlouboutinonline.us.com
http://www.cheapuggaustralia.in.net
http://www.uggs-outlet.de.com
http://www.louisvuittonoutletlv.us.com
http://www.raybansun-glassess.us.com
http://www.ralphlauren-uk.org.uk
http://www.airmax90.org.uk
http://www.nikefreerun5.co.uk
http://www.michaelkorshandbagsoutlet.us.org
http://www.louisvuittonreplica.us.com
http://www.thenorthface-jacket.us.com
http://www.ralphlaurenpolo.us.com
http://www.canadagoose-jackets.me.uk
http://www.mulberry-handbags.co.uk
http://www.airforce1.us.com
http://www.raybanssunglassescheap.us.com
http://www.tory-burchoutlet.us.org
http://www.ugg-bootsclearance.in.net
http://www.michaelkorsfactoryoutlet.us.org
http://www.chromeheartssunglasses.us
http://www.ugg-bootscheap.in.net
http://mulberryoutlet.outlet-store.co.uk
http://www.oakley-sunglasses.nom.co
http://www.marc-jacobs.us.org
http://www.coach-factoryoutlets.us.com
http://www.ralphlaurenpoloshirts.org.uk
http://www.canadagoose-jackets.com.co
http://www.wholesaleoakley-sunglasses.us.com
http://www.coachoutletonlinestore.com.co
http://www.nike-airmaxshoes.org.uk
http://www.lululemonoutlet.in.net
http://www.uggboot.com.co
http://www.coachoutletstoreclearance.us.com
http://www.coachoutletonlinesale.us
http://www.moncleroutletstore.us.com
http://www.michaelkorsoutlet-clearance.us.org
http://www.canadagoose-outlet.com.co
http://www.sac-louisvuittonpascher.fr
http://www.ralphlauren-outletuk.co.uk
http://www.chromeheartsoutlet.us
http://www.toryburchhandbags.us.com
http://www.lululemonoutletonline.us.com
http://www.pradaoutlet.us
http://www.michael-korsoutletstore.us.com
http://www.tiffanyjewellery.org.uk
http://www.burberryoutletstore.in.net
http://www.beatsbydrdre-headphones.us.com
http://www.coachoutletclearancesale.com.co
http://www.poloralph-laurenoutlet.us.com
http://www.thenorthfacejackets.eu.com
http://www.cartier-watches.us.com
http://www.oakleysun-glasses.co.uk
http://www.truereligionjeans-canada.com
http://www.cheapmlbjerseys.net
http://www.michaelkorshandbags.in.net
http://www.linksoflondons.co.uk
http://www.uggcanada.ca
http://www.hollistercanada.com
http://www.louis-vuitton.us.com
http://www.uggoutletuk.org.uk
http://www.ralphlaurenpas-cher.fr
http://www.michaelkorsuk-outlet.org.uk
http://www.cheapmlbjerseys.us.com
http://www.adidasoutletstore.in.net
http://www.outletchristianlouboutin.us.com
http://www.timberlandboots.name
http://www.salvatore-ferragamo.in.net
http://www.uggbootssale.co.uk
http://www.abercrombie-fitch-hollister.fr
http://www.canadagooseoutlet-store.com
http://www.michael-korsoutletclearance.com.co
http://www.toms.us.com
http://www.adidas-yeezyboost.us.com
http://www.todsoutlet.us.org
http://www.coachoutletclearancesale.us.com
http://www.coachoutletstores.com.co
http://www.outletmulberry.org.uk
http://www.michaelkorshandbagsoutletclearance.us.com
http://www.louis--vuittonoutlet.us.com
http://www.michaelkorshandbagsclearance.us.com
http://www.uggsale.me.uk
http://www.adidasukstore.org.uk
http://www.uggs-outlet.eu.com
http://www.wholesale-nbajerseys.com
http://www.oakleysunglassessoutlet.us.com
http://www.canadagoose.eu.com
http://www.coachoutletonline-store.com.co
http://www.rolexwatches-uk.org.uk
http://www.michaelkorsoutletonlineclearance.us.org
http://www.hermesbelts.us
http://www.reeboktrainers.org.uk
http://www.thenorth-facejacket.us.com
http://www.pandorajewelryoutlet.us.com
http://www.cheapoakleysun-glasseswholesale.us.com
http://www.coachoutletcanada.com.co
http://www.michaelkorsoutletclearancesale.us.com
http://www.air-jordanshoes.us.com
http://www.poloralph-lauren.us.com
http://www.uggsbootssale.in.net
http://www.airjordan13s.com
http://www.herveleger.us.com
http://www.raybanssun-glasses.us.com
http://www.futbol-baratas.com
http://www.michaelkorsoutlet-uk.me.uk
http://www.longchamppas-cher.fr
http://www.replicawatchesfor-sale.us.com
http://www.hermesbirkin.org
http://www.oakley-sunglasseswholesale.us.com
http://www.rolexwatches.in.net
http://www.michaelkorsoutletonline-clearance.us.com
http://www.truereligion-sale.in.net
http://www.fitflopsshoes.in.net
http://www.uggbootsuk.org.uk
http://www.jeanstruereligion.in.net
http://www.soccerjerseys.us.com
http://www.truereligionjeanssale.com
http://www.asicsisrael.com
http://www.michaelkorsfactoryoutletonline.in.net
http://www.hollister-clothingstore.net
http://www.michaelkorswallet.net
http://www.coachhandbagsclearance.us.com
http://www.michae-kors-outlet.ca
http://www.airhuarache-nike.co.uk
http://www.uggssale.eu.com
http://www.monclerjacketsuk.co.uk
http://www.truereligionjeans.org.uk
http://www.uggoutlet.ca
http://www.ralphlauren-polo.org.uk
http://www.pololacostepascher.fr
http://www.rayban--sunglasses.me.uk
http://www.swarovskicrystals.com.co
http://www.ugg-slippers.com.co
http://www.long-champoutlet.in.net
http://www.coachoutletclearance.us.com
http://www.lebronjamesshoes.in.net
http://www.katespade.org.uk
http://www.mulberryhandbagssale.co.uk
http://www.swarovskicrystal.us.com
http://www.cheap-nikeshoes.cc
http://www.outlet-uggs.in.net
http://www.truereligionoutlet.org.uk
http://www.nike-rosherun.org.uk
http://www.longchamphand-bags.us.com
http://www.coachoutlethandbags.us.com
http://www.michaelkors-outletclearance.us.org
http://www.ugg-outlet.me.uk
http://www.michaelkorshandbags-outlet.us.com
http://www.nikeairmaxshoess.co.uk
http://www.thenorth-facejackets.us.com
http://www.coachoutletonlineclearance.com.co
http://www.uggsoutlet.ca
http://www.fitflopssaleclearance.in.net
http://www.uggsoutletstore.in.net
http://www.oakleysunglasses.org.uk
http://www.coachoutlet-onlinestore.com.co
http://www.louis-vuittonoutletstore.us.com
20161102lck  



2 Nov 2016 @ 18:44 by yakuza4d2 @42.115.36.208 : togel online terpercaya
thank you for providing web were very nice and helpful
promo
http://yakuza4d2.com/promo
daftar
http://yakuza4d2.com/daftar
cara
http://yakuza4d2.com/cara_main
hasil
Buku mimpi
http://yakuza4d2.com/buku_mimpi  



Your Name:
Your URL: (or email)
Subject:       
Comment:
For verification, please type the word you see on the left:


Other stories in
2011-11-24 00:54: Blind and Automatic Punishment
2011-11-19 22:50: Corruption
2007-03-16 01:50: Logic and the Autobahn
2007-01-22 21:14: The Century of the Self
2006-12-12 21:43: Le Web 3
2006-12-11 00:14: Software and Community in the Early 21st Century
2006-12-04 21:42: Troubadours and the Singable Earth Charter
2006-10-26 18:11: A message from DHS
2006-02-09 21:41: Mohammed cartoons in Egypt
2006-02-09 20:46: Instigators of the Mohammed controversy



[< Back] [Ming the Mechanic] [PermaLink]? 


Link to this article as: http://ming.tv/flemming2.php/__show_article/_a000010-001042.htm
Main Page: ming.tv