Tuesday, September 23, 2008


Columnist Gregg Easterbrook points out the following dreary fact in his fine "Tuesday Morning Quarterback" column on espn.com:

"It took the United States 209 years, from the founding of the republic till 1998, to compile the first $5 trillion in national debt. In the decade since, $6 trillion in debt has been added. This means the United States has borrowed more money in the past decade than in all our previous history combined. "

Yikes indeed.

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