Harm:

 8% national unemployment rate

According to Brillig’s Debt Clock, The Outstanding Public Debt as of 13 Nov 2012 is 16,260,099,487,791.76 (16 trillion, 260 billion, 99 million, 487 thousand and 76 cents)

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Harm:
US economy is in a horrible state of disarray right now. »US economy is in a horrible state of disarray right now.
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