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NYC: National Debt Clock

NYC: National Debt Clock by wallyg.
Invented and bankrolled by New York real estate developer Seymour Durst, the 11-by-26 foot National Debt Clock was erected in 1989. When it first was plugged in, the odometer-style clock whirred furiously as the national debt rose by $13,000 a second. Often the last few digits increased so fast they were just a blur. And at one point in the mid-1990s, the debt was rising so fast the clock's computer crashed.

Under the presidency of Bill Clinton and a push for a balanced budget, though, the clock started ticking in the opposite direction, shaving off roughly $30 a second towards the turn of the century. Durst's son felt that was "sending the wrong message at [that] point" and the clock was shut down until 2002 when the "fiscally conservative" administration of George W. Bush reversed course and brought meaning back to the ticker. 

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wallyg  Pro User  says:

NYC from A to Zed: N is for National Debt
Posted 35 months ago. ( permalink )

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Jon Winstanley says:

6? It's nearer 9 now isn't it?
Posted 18 months ago. ( permalink )

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Zach Alexander says:

Sidebar says it was taken in April 2003, see?
Posted 18 months ago. ( permalink )

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retrogradeorbit  Pro User  says:

It seems strange that when debt was being paid off the clock was switched off for sending the wrong message. What wrong message? That we should pay off national debt? Surely leaving it on would've contrasted the right kind of leadership against the wrong kind?
Posted 18 months ago. ( permalink )

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Mista J says:

Great background info. I used to love pointing that thing out to visitors. I think it's a bit disingenuous to switch it off when it's sending a positive message. Also, it doesn't mean quite as much when it starts ticking upwards again.
Posted 18 months ago. ( permalink )

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jimmydodam says:

Wow, that is pretty cool. Thank you dictator Bush. Job well done.
www.FireMe.To/udi
Posted 18 months ago. ( permalink )

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ozsynergy says:

They must be optimists.
I would have allowed for another two digits in front of the 6 and an extra digit for family portion.
Posted 18 months ago. ( permalink )

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m-arx  Pro User  says:

there should be like a regular posting of the same photo every once in a while by someone who lives nearby
Posted 18 months ago. ( permalink )

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gtfisher says:

Obama will fix it all. Yeah, right ......
Posted 17 months ago. ( permalink )

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JOE M500  Pro User  says:

they just had to take the dollar sign off and make it a zero.

Quadrillion???

We're doomed...
Posted 15 months ago. ( permalink )

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ross mcross.  Pro User  says:

news.bbc.co.uk/1/hi/business/7660409.stm
Posted 15 months ago. ( permalink )

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ross mcross.  Pro User  says:

gtfisher: yeah...just like when the last Democrat was in office...!
Posted 15 months ago. ( permalink )

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nutsinny says:

Thanks for the image, used here:

www.nutsinny.com/all-nuts/nut-soup-latest-nyc -nutty-bits-...

Best wishes,
David at Nuts In NY
Posted 15 months ago. ( permalink )

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pliggs says:

WTF...just goes to show people only want to see bad news so they can complain.

Why would they turn it off when the debt was going downward?
Posted 14 months ago. ( permalink )

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Claudiu Balaceanu Photography  Pro User  says:

Thanks for sharing with us the history behind this clock. found it to be very interesting.
I'm really wondering if it didn't crush again under Bush... haha
Submission in Red
congrats
Posted 13 months ago. ( permalink )

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Money Market Expert says:

I think more than ever we need that clock on. The beauty about this picture is it gives concrete-ness and responsibility to the politicians and to the American people. When someone hears on the news that a new 600 billion dollar stimulus package has been passed, it doesn't really truly sink in. But if you were stand outside and look up and see the digits on the clock whirring faster than you can comprehend and to visually see, in concrete numbers, your share of that load, I think it would truly change how people spent money in this country.


Scared about the instability of the banking industry? Well not all banks are insecure. Find out at Money Market
Posted 8 months ago. ( permalink )

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money market accounts says:

that's pretty cool ,i hope my country could put a machine like that in every corner of the country for all to know how their government is doing with the taxes paid by the people....i'm just hit because politician in our country are sucking all the money taxes being paid by the people.money is so hard to save that's why i'm looking for a way to save my money,could somebody explain to memoney market accounts may be i can save with it.
Posted 4 months ago. ( permalink )

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Mike7666655443 says:

Yikes, what a sight to see on your daily stroll to work everyday!

I think we could use a similar click over in the UK with everyone looking for debt help right now.
Posted 5 weeks ago. ( permalink )

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MarkG15 says:

I can't believe the amount of debt this country has accumulated in the last decade. It's just insane. Has no one heard of saving money anymore?

Look at the Japanese! They have savings engrained in their culture. We just spend, spend, spend, and our cd rates are just so low it's not even funny.

It's time to wake up!
Posted 3 weeks ago. ( permalink )

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