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Reply #32: Debt: 09/23/2009 11,813,723,781,466.43 (DOWN 5,905,397,335.85) (Wed) [View All]

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Festivito Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:19 AM
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32. Debt: 09/23/2009 11,813,723,781,466.43 (DOWN 5,905,397,335.85) (Wed)
(Nice drops. Time for the day of the week to be on the title. Must. not. have. caiparinhas. ... often.)

= Held by the Public + Intragovernmental(FICA)
= 7,504,209,459,912.53 + 4,309,514,321,553.90
DOWN 186,100,874.04 + DOWN 5,719,296,461.81

Source: Debt to the penny:
http://www.treasurydirect.gov/NP/BPDLogin?application=n...

THINKING IN BILLIONS: Think 3 or 4 dollars per billion in a 308-Million person America.
If every American, man, woman and child puts in $3.25 each THAT'S 1B$.
A family of three: Mom, Dad, Child: $9.76, ABOUT TEN BUCKS for a 1B$ 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 the 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)

PERSONALIZED DEBT:
Every 10 seconds we net gain a another American, so at the end of the workday of the report, there should be 307,522,101 people in America.
http://www.census.gov/population/www/popclockus.html ON 08/24/2009 13:24 -> 307,261,605
Currently, each of these Americans owe $38,415.85.
A family of three owes $115,247.56. (And that is IN ADDITION to their mortgage.)

ANALYSIS:
There were 22 reports in the last 30 to 33 days.
The average for the last 22 reports is 4,293,890,405.80.
The average for the last 30 days would be 3,148,852,964.25.
The average for the last 33 days would be 2,862,593,603.86.
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$/day.
There were 75 reports in 112 days of GWB's part of FY2009 averaging 8.03B$ per report, 5.38B$/day.
There were 169 reports in 246 days of Obama's part of FY2009 averaging 6.98B$ per report, 4.82B$/day so far.
There were 244 reports in 358 days of FY2009 averaging 7.33B$ per report, 5.00B$/day.

PROJECTION:
There are 1,215 days remaining in this Obama 1st term.
By that time the debt could be between 13.5 and 17.9T$.
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)
01/20/2009 10,626,877,048,913.08 GWB (UP 4,898,681,252,731.43)
09/23/2009 11,813,723,781,466.43 BHO (UP 1,186,846,732,553.35 so far since Obama 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: 1,788,998,884,554.00 so far this fiscal year, broken down below:
Borrowed in FY2009: 0,602,152,152,000.59 in part from time during Bush reign.
Borrowed in FY2009: 1,186,846,732,553.35 in part since Obama takes over.


LAST FIFTEEN REPORTS OF ADDITIONS TO PUBLIC DEBT(NOT FICA):
09/02/2009 +000,313,556,741.81 ------------********
09/03/2009 -005,471,580,596.27 --
09/04/2009 +000,000,664,126.38 ------------*****
09/08/2009 -000,191,031,319.46 --- Tue
09/09/2009 +000,137,837,081.44 ------------********
09/10/2009 +012,326,876,265.82 ------------**********
09/11/2009 +000,017,033,887.43 ------------*******
09/14/2009 -000,193,915,837.32 --- Mon
09/15/2009 +034,695,222,864.03 ------------**********
09/16/2009 +000,121,771,969.62 ------------********
09/17/2009 -017,941,949,432.55 -
09/18/2009 -000,312,998,363.37 ---
09/21/2009 -000,319,092,626.95 --- Mon
09/22/2009 -000,005,688,069.16 -----
09/23/2009 -000,186,100,874.04 ---

22,990,605,817.41 Total of 15 above reports.

Heavy borrowing seems to start after 09/18/2008 while Bush was in power JUST BEFORE fiscal year end.
Bush admin borrowed $962,245,245,654.01 in those last 124 days in office crossing two fiscal years.
$360,093,093,653.42 in last 12 days of FY2008, and $602,152,152,000.59 in subsequent 112 days before leaving office.

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.ph...
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  -STOCK MARKET WATCH, Friday September 25 ozymandius  Sep-25-09 04:40 AM   #0 
  - Market Observation  ozymandius   Sep-25-09 04:46 AM   #1 
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  - Analysis from Calculated Risk  ozymandius   Sep-25-09 05:31 AM   #11 
  - Wow  Po_d Mainiac   Sep-25-09 06:57 AM   #26 
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  - Volcker: Reinstate Glass Steagall  ozymandius   Sep-25-09 05:21 AM   #10 
  - To paraphrase Grover Norquist . . .  tclambert   Sep-25-09 06:24 AM   #18 
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           - You Mean....Socialism? Regulation?  Demeter   Sep-25-09 11:40 AM   #57 
           - All right, I'll play that again, for you  Ghost Dog   Sep-25-09 01:04 PM   #72 
           - Anti-Trust laws? Didn't Reagan repeal those?  tclambert   Sep-25-09 11:44 AM   #59 
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  - G20 takes helm of world economy  Ghost Dog   Sep-25-09 06:05 AM   #16 
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           - Too right n/t (gotta go).  Ghost Dog   Sep-25-09 08:05 AM   #38 
           - And lithium -- we don't have much of that  FarCenter   Sep-25-09 09:25 AM   #42 
              - What About Mining the Landfills?  Demeter   Sep-25-09 10:01 AM   #47 
              - Stuff goes to landfills because it has no further economic use  FarCenter   Sep-25-09 11:28 AM   #54 
              - Do you have a better way to put 15-25 million to work?  Demeter   Sep-25-09 11:39 AM   #55 
                 - Stoning Dick Cheney?  tclambert   Sep-25-09 11:57 AM   #63 
                 - And after 5 minutes, what next?  Demeter   Sep-25-09 12:03 PM   #65 
                 - Cut the work week to 4 days, 8 hours per day  FarCenter   Sep-25-09 12:04 PM   #66 
              - We burn up some of the resources, like oil, natural gas,  tclambert   Sep-25-09 11:56 AM   #62 
              - UK has coal, and,  Ghost Dog   Sep-25-09 10:01 AM   #48 
                 - UK has the Sea  Demeter   Sep-25-09 11:47 AM   #60 
                    - Recycling, yes. "Mining landfills". That would be intelligent.  Ghost Dog   Sep-25-09 12:02 PM   #64 
                    - Yes. (Having meditated):  Ghost Dog   Sep-25-09 03:27 PM   #81 
  - dollar watch  UpInArms   Sep-25-09 07:10 AM   #30 
  - Debt: 09/23/2009 11,813,723,781,466.43 (DOWN 5,905,397,335.85) (Wed)  Festivito   Sep-25-09 07:19 AM   #32 
  - Debt: 09/24/2009 11,770,679,815,806.13 (DOWN 43,043,965,660.30) (Thu)(New section)  Festivito   Sep-27-09 09:57 AM   #84 
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  - Wrong by whom?  DemReadingDU   Sep-25-09 08:58 AM   #39 
     - Those aren't analysts. They're salesmen.  Dr.Phool   Sep-25-09 09:14 AM   #40 
     - Those salesmen must be doing something right (for CNBC)  DemReadingDU   Sep-25-09 09:55 AM   #46 
     - That is very close to the pure truth, Dr.  Ghost Dog   Sep-25-09 10:44 AM   #50 
     - I wouldn't insult Denninger by calling him an analyst  Po_d Mainiac   Sep-25-09 09:26 AM   #43 
        - anal-ists  DemReadingDU   Sep-25-09 09:51 AM   #45 
        - Reminds me of Tobias Fünke, who called himself an analyst and a therapist,  tclambert   Sep-25-09 11:18 AM   #51 
           - Ouch!  Dr.Phool   Sep-25-09 11:22 AM   #52 
  - Exotic clunkers also got the crunch under program  Robbien   Sep-25-09 09:45 AM   #44 
  - Morning Marketeers.....  AnneD   Sep-25-09 11:27 AM   #53 
  - AnneD You Are My Hero  Demeter   Sep-25-09 11:42 AM   #58 
  - You da man, AnneD!  tclambert   Sep-25-09 11:53 AM   #61 
  - .  Ghost Dog   Sep-25-09 12:48 PM   #69 
  - I am such a cheap date.....  AnneD   Sep-25-09 01:02 PM   #71 
     - You're so valuable.  Ghost Dog   Sep-25-09 02:11 PM   #77 
  - It will be interesting to find out what was going on  Warpy   Sep-25-09 01:32 PM   #75 
     - They checked him out pretty well...  AnneD   Sep-25-09 03:05 PM   #78 
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  - A123 Systems Soars on IPO, but Why?  tclambert   Sep-25-09 12:12 PM   #67 
  - If I had bought, I'd have been a quick in and out.  Dr.Phool   Sep-25-09 12:30 PM   #68 
  - Looks like the market was saved by consumer setiment  MARALE   Sep-25-09 01:14 PM   #73 
  - They should call it Consumer Delusion.  TheWatcher   Sep-25-09 01:27 PM   #74 
  - Speaking of dead bbrain cells.....  Dr.Phool   Sep-25-09 02:08 PM   #76 
  - So , does cocaine make your brain cells move faster....  AnneD   Sep-25-09 03:09 PM   #79 
     - No the cocaine is so fast, that it kills off the faster, tastier cells  Dr.Phool   Sep-25-09 03:25 PM   #80 
        - Even I avoid cocaine.  Ghost Dog   Sep-25-09 03:34 PM   #82 
  - U.S. Debt Crisis May Cause ‘Fall of Rome’ Scenario, Duncan Says  Ghost Dog   Sep-25-09 06:04 PM   #83 
 

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