Debt Clock Running Out of Space
Posted on Mar 28, 2006
When the U.S. national debt crests the $10-trillion mark within the next two years, the famous Manhattan signboard will no longer be able to display the entire amount.
But don’t worry: Congress, which recently raised our debt limit, won’t suffer from any such limitations.
Tick, 20,000 dollars, tock, another 20,000 dollars.
So rapid is the rise of the US national debt, that the last four digits of a giant digital signboard counting the moving total near New York’s Times Square move in seemingly random increments as they struggle to keep pace.
The national debt clock, as it is known, is a big clock. A spot-check last week showed a readout of 8.3 trillion—or more precisely 8,310,200,545,702—dollars ... and counting.
But it’s not big enough.
The owner of the sign, developer Douglas Durst, said he had expected the sign to run out of room someday, but not within the next two years.