The country's economic picture has gotten much rosier -- so much so that since June, the clock has been running backward to reflect the decreasing debt.
''I'm very pleased it has served its purpose, but the debt's going down now,'' Mr. Durst said. ''The whole point of it was to show the debt going up. It did what it was supposed to do.''
Douglas Durst said he was unsure as to what he will do with the clock, but it is to be covered with a shroud at a ceremony on Sept. 7. A red, white, and blue sign that says ''The National Debt Clock'' will hang in front of it.
''In case we need it again,'' Mr. Durst said.
That was written the year before PNAC, the Project for the New American Century, took control of the White House.
Here's today's report:
The US government's debts have ballooned so badly the National Debt Clock in New York has run out of digits to record the spiralling figure.
The digital counter marks the national debt level, but when that passed the $10 trillion point last month, the sign could not display the full amount.
In case anyone wonders what the preferred state is, the preferred state of the US National Debt Clock is firstly that it at least doesn't run too fast, then, if it can manage, it's better for the debt not to get bigger at all, better still is for it to start to go backwards, and in ideal circumstances it unwinds all the way to zero and just sits there saying $0.
This month it jumped from $10tn to nearly $11tn, it's never moved ahead so fast since it started. This indicates that all the backers of George Bush are having a final orgy of looting the public purse before he leaves office.
George Bush, 62, is guaranteed lifelong immunity from prosecution regardless of his actions. So too is his vice-President, Richard Bruce Cheney, who recently admitted it was he who shot Bambi's mother shortly after his first birthday "to feed her to a crocodile". Even Spiro T Agnew wouldn't have got away with what these two have done.