Christmas greetings from your Uncle Sam

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U.S. Treasury Department/Fiscal Data/12-21-2020

USAGOLD note:  As we conclude a less than agreeable year, the U.S. Treasury Department reports the federal debt to the penny at $27,512,907,024,042.97. On December 31, 2019, the debt figure stood at $23,201,380,134,806.73 making this year’s addition to the national debt $4,311,526,889,236.24 as of 12/21/2020 – by far the largest on record. The Ramirez cartoon below makes the important point that the national debt is a legacy we are leaving our children and grandchildren.

Ramirez cartoon a Christmas gift from your Uncle SamCartoon courtesy of MichaelPRamirez.com

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