The Public Debt hits $22 Trillion

 As of 4/29/21, the public debt was at $22,056,055,138,417.67.

When did it first hit $11 trillion? On 5/31/12, within memory of this blog.  By the way, when did it first hit $5.5 trillion, one-half of $11 trillion?  On September 18, 2008, which was when the financial world almost collapsed during the global financial crisis.

So at current trends, this number will double every 9 years.  So it will hit $44 trillion on about May 1, 2030.  Add in another $6 trillion for governmental debt and this will mean the national debt is sure to hit $50 trillion about 1/1/30 , and then double every 9 years thereafter.