SUSTAINABLE?

I thought a little National Debt lesson might be helpful in understanding the sustainability of our economic path. I will list the time frame it took to reach each $1 trillion increment of our $16.3 trillion national debt:

$1 trillion – October 1981 – 192 years after the country was formed

$2 trillion – April 1986 – 4 years and 6 months

$3 trillion – February 1990 – 3 years and 10 months

$4 trillion – July 1992 – 2 years and 5 months

$5 trillion – February 1996 – 3 years and 7 months

$6 trillion – March 2002 – 6 years and 1 month

$7 trillion – January 2004 – 1 year and 10 months

$8 trillion – October 2005 – 1 year and 9 months

$9 trillion – August 2007 – 1 year and 10 months

$10 trillion – September 2008 – 1 year and 1 month

$11 trillion – March 2009 – 6 months

$12 trillion – November 2009 – 8 months

$13 trillion – June 2010 – 7 months

$14 trillion – December 2010 – 6 months

$15 trillion – November 2011 – 11 months

$16 trillion – August 2012 – 9 months

Things seemed to be moving in the right direction until Bush. Obama has pushed the pedal to the floorboard. I wonder what happens next.