(The prior 38B$ report a week ago Monday ... now reversed. FICA also moved big. I posted an easy reading primer on our nation's banking debacle
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=4654290&mesg_id=4654290Good day to all.)
= Held by the Public + Intragovernmental(FICA)
= 6,390,881,581,542.01 + 4,207,003,477,916.77
DOWN 19,940,834,952.80 + DOWN 30,614,982,840.05
(NOTE: Excel 2007 cannot handle ten-trillion plus to the penny. It zeroes the penny.)
Source: Debt to the penny:
http://www.treasurydirect.gov/NP/BPDLogin?application=npTHINKING IN BILLIONS: 3 or 4 dollars per billion in a 300-Million person America.
If every American, man, woman and child puts in $3.33 each THAT'S 1B$.
A family of three: Mom, Dad, Child: THEIR SHARE IS TEN BUCKS in a 1B$ federal program.
I hope that is clear. However, I'd suggest using $3 per 1B$ to underestimate it.
Use $4 per 1B$ to overestimate the cost when thinking: Is a federal program worth it?
Aid to Dependant Children: 2B$/yr =$8/yr(a movie a year) Family of 3: $24/yr(an hour of bowling)
(I hate those end to end dollars to the moon and back, or years to spend $100/second. Just say'n)
If you read this and have a suggestion or comment, good or bad, I'd love to see it.
ANALYSIS:
There were 22 reports in the last 30 to 31 days.
The average for the last
22 reports is
-1,106,279,055.63.
The average for the last 30 days would be -811,271,307.46.
The average for the last 31 days would be -785,101,265.28.
There were 252 reports in 365 days of FY2007 averaging 1.99B$ per report, 1.37B$/day.
There were 253 reports in 366 days of FY2008 averaging 4.02B$ per report, 2.78B$/day.
There were 49 reports in 72 days of FY2009 averaging 11.70B$ per report, 7.96B$/day.
PROJECTION:
GWB** must relinquish the presidency in 40 days.
By that time the debt could be between 10.6 and 10.9T$.
It could be higher. It could be lower.
HISTORICAL:
President's term begins and ends on Jan 20.
(Guess who might want to hide the Reagan Bush years. Jan 20 data is missing before 1993.)
01/20/1993 _4,188,092,107,183.60 WJC Inaugural
01/22/2001 _5,728,195,796,181.57 WJC (UP 1,540,103,688,997.97)
12/11/2008 10,597,885,059,458.70 GWB (
UP 4,869,689,263,277.13 so far since Bush took office.)
Fiscal Year ends: Sep 30
Borrowed in FY1993: (Maybe later.)
Borrowed in FY1994: 281,261,026,873.94
Borrowed in FY1995: 281,232,990,696.07
Borrowed in FY1996: 250,828,038,426.34
Borrowed in FY1997: 188,335,072,261.61
Borrowed in FY1998: 113,046,997,500.28
Borrowed in FY1999: 130,077,892,735.81
Borrowed in FY2000: _17,907,308,253.43 Bill alone
Borrowed in FY2001: 133,285,202,313.20 Bill and George
Borrowed in FY2002: 420,772,553,397.10 All George
Borrowed in FY2003: 554,995,097,146.46
Borrowed in FY2004: 595,821,633,586.70
Borrowed in FY2005: 553,656,965,393.18
Borrowed in FY2006: 574,264,237,491.73
Borrowed in FY2007: 500,679,473,047.25
Borrowed in FY2008: 1,017,071,524,650.01
Borrowed in FY2009: 573,160,162,546.30 so far this fiscal year.
LAST FIFTEEN REPORTS OF ADDITIONS TO PUBLIC DEBT(NOT FICA):
11/20/2008 -000,189,695,810.14 ---
11/21/2008 -000,151,096,322.01 ---
11/24/2008 -000,086,920,504.20 ---- Mon
11/25/2008 +001,468,316,558.23 ------------*********
11/26/2008 +000,650,427,812.76 ------------********
11/28/2008 +000,783,239,406.89 ------------********
12/01/2008 +038,288,359,563.07 ------------********** Mon
12/02/2008 +000,199,375,927.74 ------------********
12/03/2008 -000,525,799,120.43 ---
12/04/2008 -022,902,653,130.86 -
12/05/2008 -000,187,074,568.06 ---
12/08/2008 -000,759,942,653.72 --- Mon
12/09/2008 +000,031,558,514.41 ------------*******
12/10/2008 +000,087,731,393.17 ------------*******
12/11/2008 -019,940,834,952.80 -
-3,235,007,885.95 Total of 15 above reports.
Heavy borrowing seems to start after 09/18/2008.
US borrowed $933,253,256,199.63 in last 84 days.
That's 933B$ in 84 days.
More than any year ever, except last year, and it's 92% of that highest year ever only in 84 days.
And it is over 100% of ANY dismal Bush, for any dismal Bush-year, ONLY IN 84 DAYS NOT 365.
For a prettier and more explanatory view of our nation's debt:
http://www.brillig.com/debt_clock (Debt to the penny keeps changing. Stuff is missing. Best to keep our own history.) LAST REPORT:
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3642309&mesg_id=3642316