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National Debt

June 10, 2013
Toledo Chronicle, Tama News-Herald

Letter to the Editor:

I would like to comment on the letter to the editor by Anne Michael where she states the projected debt for the United States in 2013 is $600 billion, along with some other inaccurate figures concerning the National Debt. I wonder if she is confusing the deficit with the National debt, which was $16,742,140,687.91 as of May 30, 2013 at 4:14 p.m. that is sixteen trillion 742 billion, 140 million 687 thousand eighty seven and ninety one cents.

The National debt has continued to increase an average of $2.80 billion per day since September 30, 2012.

According to President Obama I understand the deficit spending by the U.S. Government will continue for ten years. It doesn't take a rocket scientist to imagine at the rate of borrowing and deficit spending, what the National Debt may be at the end of the ten years.

Lets not confuse deficit with debt. For anyone interested in this information, go to Google on your computer, and type in U.S. National Debt Clock This updates the National debt daily.

The estimated population of the United States is 315,956,108, so each citizen's share of the this debt is $52,988.82, man, woman and child.

For some time I have had concerns about the one-man, one-vote rule for our elections. If a voter can neither read nor write and comprehend, how can they cast an intelligent vote? Are these people voting after listening to poiticians who promise to give them more from the public treasury? In other words, buying votes with the taxpayer's money.

Dallas E. Wiese

Rural Toledo

 
 

 

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