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	<title>Blast: Boston&#039;s Online Magazine &#187; debt clock</title>
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		<title>National debt clock runs out of digits</title>
		<link>http://blastmagazine.com/the-blogs/terra/2008/10/debt-clock-runs-of-out-digits/</link>
		<comments>http://blastmagazine.com/the-blogs/terra/2008/10/debt-clock-runs-of-out-digits/#comments</comments>
		<pubDate>Thu, 09 Oct 2008 01:59:35 +0000</pubDate>
		<dc:creator>Sachin Seth</dc:creator>
				<category><![CDATA[Terra]]></category>
		<category><![CDATA[Al Gore]]></category>
		<category><![CDATA[american economy]]></category>
		<category><![CDATA[debt clock]]></category>
		<category><![CDATA[times square]]></category>

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		<description><![CDATA[The National Debt Clock, a ticker that records America's national deficit, has run out of digits.]]></description>
			<content:encoded><![CDATA[<p>If you need more evidence that America is in real financial peril, go to Times Square.</p>
<p>The National Debt Clock, a ticker that records America&#8217;s national deficit, has run out of digits.</p>
<p>The debt currently stands at over $10 trillion.Â  The clock however does not have enough spaces to record a debt in excess $9,999,999,999,999.</p>
<p>As a short-term fix (if you can call it that), the Durst Organization, which runs the clock, will replace the dollar symbol on the ticker with the &#8220;1&#8243; in $10 trillion.</p>
<p>The sign was erected in 1989 when the debt stood at about $2.7 trillion. In 2000 however, the clock began to malfunction and started shaving roughly $30 a second off the debt.</p>
<p>When it was shut down the clock read: &#8220;Our national debt: $5,676,989,904,887. Your family share: $73,733.&#8221;  The debt has risen almost $5 trillion in less than 20 years.</p>
<p>The problem will be fixed sometime next year.</p>
<p>Just another example of the state of America&#8217;s economy.Â  The clock is a pretty cool idea, but I&#8217;d imagine walking by and reading it on a daily basis would be pretty depressing.</p>
<p>The day the Durst Organization updates the sign will be pretty depressing too.Â  The update would make it possible for the sign to track a debt of up to a quadrillion dollars.Â  Can you imagine that?</p>
<p>I can&#8217;t imagine a quadrillion of anything, let alone dollars.</p>
<p>Presidential race flashback: In his 2000 campaign, Al Gore said he&#8217;d eliminate the national debt by 2012.  That would&#8217;ve required decreasing the deficit in 12 years by as much it was raised in 20.</p>
<p>Oh, and by 2012 he would&#8217;ve been out of office for a full term.</p>
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