17 votes

US Debt Clock Going in Reverse on several items

http://www.usdebtclock.org/

Some of the items on the debt clock are going backwards such as:

US FED spending and deficit
Defense
Income security
Debt held by foreign countries
Trade deficit
we are importing less oil
Income security /welfare
Corporate tax
are they shrinking?

WHAT DO YOU SEE

http://www.usdebtclock.org/



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looks like we're saving...

by my math we're saving somewhere around $300-350k per hour... in terms of federal spending: 8.4million per day... 58,800,000 per week... $252,000,000 per month... over $3 trillion per year.

Too bad the debt keeps going up anyway.

At their inceptions, the #Liberty, #OccupyWallStreet and #TeaParty movements all had the same basic goal... What happened?

You mean we're going slower than........

I always wondered if there

I always wondered if there was any legitimacy to this thing.
I mean, is there someone counting pennies as they go out the door?

Southern Agrarian

This is not a real shut down.

This is not a real shut down. This is more a paid vacation. When governmental employees will get back to work, they will get their pay, albeit they pay could get delayed.

It would be a true shutdown, if salaries and benefits would not accrue.

Engage in Secure Exchange

Question

Not sure exactly what I'm looking at under corporate tax. If corporate tax is going down, does this mean the gov't is lowering taxes on corporations? Or does it mean corporations are going out of business so the gov't is collecting less tax? Or some combination?

i bet it's tied to the "handover effect"

If the govt was up and running it would give sweetheart corporations special deals and free money. that money would then be taxed.

At their inceptions, the #Liberty, #OccupyWallStreet and #TeaParty movements all had the same basic goal... What happened?

not sure..

But it may also be worth noting that if corporations are "people" why is it that those "peoples'" tax revenue is reversing while real people continue to generate revenue via payroll & income tax..

Also what is the real difference between payroll & income tax?

Call me when the actual debt starts going down

I am not going to get all excited just because the debt is now growing at a slightly slower pace.

Here's a little knowledge

……today is the beginning of the new fiscal year…..their are reconciling the accounts.

IT'S NO BIG DEAL.....WE ARE ALL STILL SCREWED!

Misleading title.

The debt is increasing, although a slightly slower rate than if there were no shutdown. Look at the Medicare spending. This proves the case that we must:
1) stop all the wars and provide only defense of our borders
2) end the war on drugs
3) eliminate Medicare

before we even discuss other issues.

Agreed BUT

It's still a drop
or decrease in expenditures
either way

Watch this America!

http://www.youtube.com/watch?v=SzaLP9dTXhE
War is a Racket INFO General Smedley Butler USMC
http://www.lexrex.com/enlightened/articles/warisaracket.htm

Government shutdown is great.

I agree it's a drop in expenditures, but the debt is still going up. Loook at the site you posted.

Without real Libertarian/ Anarchist solutions to the bloated government, the shut down only delays the day of collapse.

Freedom comes with knowledge

Who gives a shit about any labels of anything.

And I'm sick of people that talk about us following other 'sites' and claim I/They get there ideas there.

The mission statement on this site is not political.

Read it. I don't care if the govt 'shuts down' or if it doesn't. I care about the freedom of your grandkids.

Ever thought about that?

Cyril's picture

Awesome. I say that's great news, folks. Indeed, there is hope.

Awesome.

I say that's great news, folks. Indeed, there is hope.

Now we can simply, patiently, wait for the counters hitting back the friendly zeroes. 85 years or so from now. Maybe 80 only, if we're lucky.

Just hang tight, guys.

Maybe we'll be allowed to put the Constitution back on the table to discuss by then, what d'ya think?

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

I doubt we will still be

I doubt we will still be here!

Watch this America!

http://www.youtube.com/watch?v=SzaLP9dTXhE
War is a Racket INFO General Smedley Butler USMC
http://www.lexrex.com/enlightened/articles/warisaracket.htm

Cyril's picture

Hmm. Same here. I confess.

Hmm.

Same here.

I confess.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

I see a woo hoo!

And a yee haw!

Woof!

The Diamond Dog is a real cool cat. | Reporting on the world from an altitude of 420.

corporate tax

is going down as well..