Ok, not football at all, but it matters, eventually.

[spaldy]

Who determined that the US debt clock was "full of errors"?

The same people that grift the system?

The US debt clock has been around for 20 years. Never been a question of it's veracity until someone decided to try to address the debt and size of government. All of a sudden it's inaccurate.

However, you are correct. it's totally inaccurate since it does not include unfunded liabilities which some have estimated to be 2-3 times higher than the actual debt shown on the USdebtclock. States like CA, IL, NY, NJ and MA have 10's of billions in underfunded pensions as well as local municipal debt that is not included in the US national debt. The pension liability will be greater than the entire tax revenue brought in by some of these states within the next 10 years. Like social security they are technically insolvent by standard pension accounting measures but since they are government they aren't required to correct the imbalance.


You've seen the chaos it's created to even attempt to cut the size of growth in the US government. They aren't "cutting government" they are merely shrinking the size of growth from the previous budget.

I think it's pretty obvious that this debt will never be paid in our lifetime and likely never.

[whitestomper45]

Who determined that the US debt clock was "full of errors"?

The same people that grift the system?

The US debt clock has been around for 20 years. Never been a question of it's veracity until someone decided to try to address the debt and size of government. All of a sudden it's inaccurate.

However, you are correct. it's totally inaccurate since it does not include unfunded liabilities which some have estimated to be 2-3 times higher than the actual debt shown on the USdebtclock. States like CA, IL, NY, NJ and MA have 10's of billions in underfunded pensions as well as local municipal debt that is not included in the US national debt. The pension liability will be greater than the entire tax revenue brought in by some of these states within the next 10 years. Like social security they are technically insolvent by standard pension accounting measures but since they are government they aren't required to correct the imbalance.


You've seen the chaos it's created to even attempt to cut the size of growth in the US government. They aren't "cutting government" they are merely shrinking the size of growth from the previous budget.

I think it's pretty obvious that this debt will never be paid in our lifetime and likely never.

That debtclock site you take great store in, is not an official site and states the savings it states are objective not actual