In Reply to: RE: Data free perception posted by RGA on May 10, 2016 at 00:20:47:
Let's look at total debt:
It went from $10T in 2008 to $22T today. Adjusting for inflation, the beginning number would be $12.2T. Obama added another Ten Trillion to the national debt under his watch.
Here's another view as percent of GDP:
The last time the debt was 100% of GDP was during WWII!
Source: Source using GPO budget figures.
No, that is not sustainable!
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Follow Ups
- As tt indicated, I refer to accumulated debt - E-Stat 05:58:03 05/10/16 (16)
- RE: As tt indicated, I refer to accumulated debt - haarley.quuiinn@gmail.com 23:50:37 02/27/20 (0)
- RE: As tt indicated, I refer to accumulated debt - RGA 01:15:19 05/12/16 (10)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 12:09:19 05/12/16 (2)
- RE: As tt indicated, I refer to accumulated debt - RGA 16:37:05 05/12/16 (1)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 18:39:54 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - E-Stat 07:57:02 05/12/16 (4)
- RE: As tt indicated, I refer to accumulated debt - RGA 17:00:35 05/12/16 (3)
- RE: As tt indicated, I refer to accumulated debt - E-Stat 17:34:53 05/12/16 (2)
- RE: As tt indicated, I refer to accumulated debt - RGA 21:14:47 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 18:24:54 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 07:36:07 05/12/16 (1)
- RE: As tt indicated, I refer to accumulated debt - RGA 17:02:37 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - Rockethead26 07:03:53 05/10/16 (3)
- RE: As tt indicated, I refer to accumulated debt - E-Stat 07:36:27 05/10/16 (2)
- RE: As tt indicated, I refer to accumulated debt - Rockethead26 07:51:41 05/10/16 (1)
- You forget who was in control of the purse strings - rickmcinnis@dogwoodfabrics.com 08:26:33 05/10/16 (0)