Thursday, April 9, 2020

$18 Trillion in Debt Held By the Public

On 4/7/2020, the Debt Held By the Public reached 18,004,963,300,482.19 . I have stopped looking at the total national debt (which by the way reached $24 trillion on the same day) because it is irrelevant.  This was exactly 5 months after it reached $17 trillion.

Lets look at the past history of this number and my posts about it.

The Debt Held By the Public reached $17 trillion on 11/7/19.  See 
How the elite parasites who run our economy spent $1 trillion in only 3 months

It reached $16 trillion on 11/30/18.  https://aftermath2022.blogspot.com/2018/12/16-trillion-in-debt-held-by-public.html

It reached $15 trillion on 2/15/18https://aftermath2022.blogspot.com/2018/02/15-trillion-in-debt-held-by-public.html

It reached $14 trillion on 8/11/16.  https://aftermath2022.blogspot.com/2016/08/14-trillion-public-debt.html

It reached $13 trillion on 12/30/14https://aftermath2022.blogspot.com/2015/01/public-debt-exceeds-13-trillion.html

It reached $12 trillion on 10/17/13http://aftermath2022.blogspot.com/2013/10/17-trillion-national-debt.html

It reached $11 trillion on 5/31/12.  https://aftermath2022.blogspot.com/2012/06/debt-held-by-public-hits-11-trillion.html

It reached $10 trillion on 8/31/11http://aftermath2022.blogspot.com/2011/09/debt-held-by-public-reaches-10-trillion.html

It reached $9 trillion on 9/30/10.

It reached $8 trillion on 3/1/10.

It reached $7 trillion on 5/28/09.

It reached $6 trillion on 10/10/08.

It reached $5 trillion on 3/1/07.

It seems like ancient history now, but it used to be rare to have debt issued by the government.  The Treasury Department didn't even have daily numbers for the Debt Held By the Public until  3/31/2005 when the number was about $4.5 trillion.  Before that it was done monthly or even annually and the number didn't change much.

Anyways, we should be above $20 trillion by the end of the year.

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