Friday, February 4, 2022

The National Debt hits $30 Trillion

 On 1/31/2022, the National Debt hit $30 Trillion.

Let's look at the previous milestones:

12/16/2021 $29 Trillion

3/31/2021 $28 Trillion

10/1/2020 $27 Trillion

6/9/2020 $26 Trillion

5/5/2020 $25 Trillion 

4/7/2020 $24 Trillion 

11/7/2019 $23 Trillion

2/11/2019 $22 Trillion

3/15/2018 $21 Trillion

9/8/2017 $20 Trillion

I started this blog many moons ago because I was worried about the skyrocketing debt.  One of my first blog entries, on June 20, 2010, complained that the national debt was excessive at $13 Trillion.  

What is the doubling-time of the debt?  It was $15 Trillion on 11/15/2011.  So about 10 years.  So we can expect the National Debt to hit $60 Trillion on about 2/1/2032.


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