In my debt tracking thread have noticed a major slowdown in the debt clock since the republicans took office on January 3rd, 2011.
Prior to that we were consistently adding $100 Billion to the debt every 22 days & in December 2010 It jumped $200 Billion in just 32 days. Culminating in a $14 Trillion debt on January 3rd 2011.
But now since the republicans have taken over the House at the $14 Trillion mark on January 3rd 2011. It has taken 84 days to rack up $260 Billion more debt. That is only about $68 Billion every 22 days compared to over a $100 Billion every 22 days when the Democrats controlled the House.
Republicans have slowed the debt train down by 38%. - - - Thank You Repubs !!!
That must be why Gold's rapid rise has slowed over this same time period.
But what exactly did the republicans do on January third, their first day in office to slow the debt accumulation....for the month of January? Did they enact a law that caused this slow down?
Or does the debt automatically, year after year slow down in January? Is there a trackable trend in how our debt accumulates by month year after year?
for example, the accumulated debt ALWAYS SLOWS DOWN in the month of april because in april is when they collect our income taxes....in the month of December, debt should go up because our contractors want to close their year end books and be paid for their year's work that has not been paid yet?
there has to be some year after year common trend for monthly debt accumulation that we can examine?
curious minds want to know!