Tag Archives: Douglas Durst
Well, it’s not breaking news, but it’s worth noting as President Donald Trump and Congress spar over spending that the national federal debt exceeds $20,000,000,000,000 and is rising by the minute.
We’re using zeroes here instead of spelling out “trillion” to help get across the enormity of this liability that we are piling onto our children and grandchildren.
Equally sobering is a visit to the USDebtclock.org, which tracks our rising debt at dizzying speed. Introduced on Feb. 20, 1989 by New York real estate magnate Seymour Durst, the U.S. National Debt Clock began by reporting a national debt …