Speaking Of Black Friday…
Swayed by a strong dose of, um, holiday spirits, I lost control of my mental faculties last week and was compelled to check in on the pre-Black Friday sale fight club at the Target in Blakeney. Never got into the store, and barely made it into the parking lot, which was swamped with barricades, cop cars, and a line of lunatics about a 900 deep wrapped around the store. Undaunted, I drove to the Target at Stonecrest, where I was greeted by a similar mob scene.
The American consumer may have gone nuts, but for cashew-caliber crazy it’s hard to top the Feds. This from CNSNews:
The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation’s 114,916,000 households.
At the close of business last Wednesday, according to the Treasury, the national debt was $16,283,161,895,179.85. On Thanksgiving, the Treasury took the day off and did no borrowing. But on Friday, the Treasury increased the debt of the United States to $16,307,488,943,564.23. That was a one-day increase of $24,327,048,384.38.
Friday was also the first time in the history of the United States that the debt has topped $16.3 trillion.
When President Barack Obama first took office on Jan. 20, 2009, the national debt stood at $10,626,877,048,913.08. Since then, it has increased by $5,680,611,894,651.15.
That means that since Obama has been president, the national debt has increased by about $49,432.73 per household.
But, hey, no worries; we apparently can still swallow $7 a cup coffee at Starbucks.
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