Sign of the Times: New York City National Debt Clock Runs Out of Digits

October 9, 2008 at 2:45 am Leave a comment

national-debt-clock.jpgIn a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure.

As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square
has been switched to a figure — the “1” in $10 trillion. It’s marking
the federal government’s current debt at about $10.2 trillion.

The Durst Organization
says it plans to update the sign next year by adding two digits. That
will make it capable of tracking debt up to a quadrillion dollars.

The late Manhattan real estate developer Seymour Durst put the sign
up in 1989 to call attention to what was then a $2.7 trillion debt.

Source: AP

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Entry filed under: Finances, National. Tags: , , , , , , , , , , , , .

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