U.S. Debt Tops $15 Trillion

November 23, 2011

As users of Uncle Sam’s Debt Clock may have noticed, the U.S. national debt surpassed $15,000,000,000,000 for the first time last week.

It’s hard to fathom that the federal government has borrowed an additional $1,000,000,000,000 since we posted this in January.

We wonder why the press has barely reported this momentous occasion.

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Discontinuing John Bull’s Debt Clock

November 22, 2011

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We have decided to discontinue the John Bull’s Debt Clock app.  Due to low sales, it is not worth maintaining.

While it is no longer available in the App Store, it should continue working for those who have already purchased it.

Uncle Sam’s Debt Clock Running Backwards

August 4, 2011

We have gotten some feedback (including a 1-star review on the app store) that something is wrong with Uncle Sam’s Debt Clock because the debt numbers have been going down recently.

In fact, according to the U.S. Treasury, the debt numbers had been going down for a couple of months until the debt ceiling was raised:

Now it seems to us that the Treasury must have been manipulating the numbers in some way during that time, but all we can do is show what they report.  If they say the debt has gone down over the last two months, the numbers on the debt clock will decrease over time.

Now back to reality.  Since the debt ceiling was raised, they are reporting more realistic-looking numbers again.  In fact, the federal government seems to have borrowed around $240 billion overnight:

So the next time you look at the debt clock, it should again reflect the inexorably increasing debt that we have come to expect.

 

 

John Bull’s Debt Clock v2.1

June 9, 2011

A new version of the John Bull’s Debt Clock iOS app has now gone live on the App Store.

In version 2.1, the app has been updated with the April 2011 UK debt data from the Office for National Statistics.

Thanks for the reviews!

June 3, 2011

For those of you who have posted ratings/reviews on the App Store, thank you!

Uncle Sam’s Debt Clock 2.0 has an average rating of 4.5 stars!

Debt Ceiling Reached

May 16, 2011

Today, the U.S. federal debt has reached the $14.3 trillion debt ceiling:

Here’s the Wall Street Journal article.

Our Imaginary Debt Ceiling

May 4, 2011

If the debt ceiling is raised every time we hit it, is it really a ceiling?

US warned on top credit rating by Standard & Poor’s

April 19, 2011

http://www.bbc.co.uk/news/business-1311883

Uncle Sam’s Debt Clock v2.0 Now Available

April 4, 2011

Version 2.0 of Uncle Sam’s Debt Clock is now available on the Apple App Store:

Uncle Sam’s Debt Clock

With version 2.0, Uncle Sam’s Debt Clock is now a universal app which works on iPad, iPhone, and iPod touch. On an iPad, the interface is now sharp, and this version is especially good for showing others our debt load.

How big is the U.S. debt?

February 11, 2011