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Description
National Debt Clock too small (USA)
The National Debt Clock is a billboard-sized display installed at the Avenue of the Americas in Manhattan which is constantly updated to show the current United States public debt and each family's share. Invented and sponsored by New York real estate developer Seymour Durst, it was installed in 1989. After Seymour's death in 1995, his son Douglas Durst became president of the Durst Organization which owns and maintains the clock.
According to his son, Seymour Durst had been toying with the basic idea of drawing attention to the growing national debt since at least 1980, when during the holiday season he sent cards that said "Happy New Year. Your share of the national debt is $35,000" to senators and congressmen. In the early eighties, when Durst first developed the idea of a constantly updated clock, the technology required to implement the project was not yet available.
With the national debt at 2.7 trillion dollars, the original 11 by 26 feet (3.4 m Ă— 7.9 m) clock was erected in 1989 a block from Times Square, by Artkraft Strauss. In light of a then-improving debt situation and with the clock being technically unable to properly display a sinking number, the clock was unplugged and covered with a red, white and blue curtain in September 2000, with the national debt standing at roughly 5.7 trillion dollars. However, in July 2002 the curtain was raised and the clock picked up at 6.1 trillion dollars.
In 2004, the original clock was unmounted from its location at 42nd Street and an updated model, which could run backwards, was installed one block away on a Durst building at 1133 Avenue of the Americas, near 44th Street.
$10 trillion
In the midst of extensive media attention devoted to the financial crisis of 20072008, some news reports again turned to the National Debt Clock as a symbol and metaphor, particularly highlighting the fact that the clock ran out of digits when the U.S. public debt rose above $10 trillion on September 30, 2008. An overhaul or complete replacement adding two more digits to the clock's display is currently in the planning for 2009. Until the clock can be upgraded, the unit that showed the dollar sign has been changed to instead show the leading digit '1', with a dollar sign sticker attached next to it.
Source: Wikipedia.org
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El reloj de Manhattan que indica la deuda de USA se ha quedado pequeño y han tenido que ampliarlo vĂdeo
El reloj situado en Manhattan que indica la deuda nacional de Estados Unidos se ha quedado pequeño, y no podĂa indicar ya la cantidad a la que asciende la deuda. En el lugar donde iba el dolar se ha hecho sitio para poner un 1, pero se ha anunciado que dentro de poco se hará sitio para dos cifras más en previsiĂłn de que la deuda seguirá creciendo, y no será corregida. Sin duda, no es un buen sintoma para el paĂs que ha tomado la ruta socialista.
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