sign o' the times

[tjsammon]

From the Guardian...



When real estate developer Seymour Durst installed an electronic screen in Time Square in 1989 to show the size of the US national debt, he hoped that the glare of public attention might force Washington to cut the deficit. So were he still with us, he'd be unimpressed to learn that National Debt Clock has now run out of room.
The ballooning US national debt has now broken through the $10 trillion mark to reach $10,299.299,050,383 at the time of typing. President Bush must be very proud.

More:

http://www.guardian.co.uk/business/b...mics.useconomy

[don]

Re: sign o' the times

This is the sort of anecdotal BS the corporate media thrives on, a morning radio news throwaway line. I have yet to see it referenced here in the US.

If that holds true it's more interesting than the actual event, to the degree of news management apparently deemed necessary here.

[c1ue]

Re: sign o' the times

Actually, this has been mentioned in a number of major news outlets:

NPR:

http://www.npr.org/templates/story/s...oryId=95545773

CNN:

http://edition.cnn.com/2008/US/10c/0...ref=rss_latest

I personally saw it as well, probably at SFgate.com

[don]

Re: sign o' the times

Actually, this has been mentioned in a number of major news outlets:

NPR:

http://www.npr.org/templates/story/s...oryId=95545773

CNN:

http://edition.cnn.com/2008/US/10c/0...ref=rss_latest

I personally saw it as well, probably at SFgate.com

That puts that thesis to bed!

[zoog]

Re: sign o' the times

That puts that thesis to bed!

I'm a little unclear here, are you saying that you don't believe the national debt has actually topped ten trillion? :confused:

http://www.treasurydirect.gov/NP/BPD...application=np

[don]

Re: sign o' the times

I'm a little unclear here, are you saying that you don't believe the national debt has actually topped ten trillion? :confused:

http://www.treasurydirect.gov/NP/BPD...application=np

I was wondering if this little story on the National Debt Clock was being held back from the US media. I only heard it in the British press but c1ue answered that query.

Remember the welfare queen anecdotes we used to get ad infinitum? That kind of thing.