Where's the Logic in This?

This morning, these are the main headlines for economic news:

2.4 Million Americans Lost Their Jobs In the Past Week

1.6 Million Homeowners Defaulted On Their Mortgages In April

The Dow Rose At Open After Being Down All Night

Go Figure! 

Debt Is Exploding Worldwide

And this is truly frightening! On the US Debt Clock website, at the top right corner, is a link called Debt Clock Time Machine. This link gives the viewer the amount of US debt for a specific time frame, both in the past and the future. When I clicked on the link to calculate the amount of US debt for the year 2024 -- less than four years from now -- is showing that based upon our current spending, we will have $43.6 trillion of debt. That is truly unsustainable!

Note: Update -- Two days after I posted this figure, it was updated to $44.1 trillion. It's rising even higher!