tag:blogger.com,1999:blog-34970554114873897352011-04-21T19:37:35.078-07:00Econ Tigerhttp://www.blogger.com/profile/10452611965928800674noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-3497055411487389735.post-20435077839806566522011-04-09T13:26:00.000-07:002011-04-09T13:34:07.532-07:00Why is there even a debate about whether to reduce spending? The following charts are pretty self-explanatory. The data is from BEA.gov and has the current debt about $10 trillion. The Federal Reserve claims the debt is $14 trillion, which changes the graphs slightly. At $14 trillion, the US Government borrowed more money since 2007 than in the history of this country!<br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-kpMAn1ts3Zs/TaCZew9XrTI/AAAAAAAAAAM/j_sGTGSyZwI/s1600/Natl%2BDebt.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="179" width="320" src="http://1.bp.blogspot.com/-kpMAn1ts3Zs/TaCZew9XrTI/AAAAAAAAAAM/j_sGTGSyZwI/s320/Natl%2BDebt.GIF" /></a></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-KNvaKnn5u-w/TaCtUhAgtCI/AAAAAAAAAAU/LL_BT8ZraYo/s1600/Debt1.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="191" width="320" src="http://1.bp.blogspot.com/-KNvaKnn5u-w/TaCtUhAgtCI/AAAAAAAAAAU/LL_BT8ZraYo/s320/Debt1.GIF" /></a></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-HvGIL5YEqSU/TaCtkLcc4aI/AAAAAAAAAAk/BiooAOpqm6E/s1600/Debt3.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="154" width="320" src="http://3.bp.blogspot.com/-HvGIL5YEqSU/TaCtkLcc4aI/AAAAAAAAAAk/BiooAOpqm6E/s320/Debt3.GIF" /></a></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-BJ6Ber8csmw/TaCto5Uf58I/AAAAAAAAAAs/YjyAGpMBJ0Y/s1600/Debt4.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="154" width="320" src="http://1.bp.blogspot.com/-BJ6Ber8csmw/TaCto5Uf58I/AAAAAAAAAAs/YjyAGpMBJ0Y/s320/Debt4.GIF" /></a></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-r9tKcQ8QLwY/TaCtxXskA-I/AAAAAAAAAA0/n-3Kt1jII88/s1600/Debt5.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="191" width="320" src="http://4.bp.blogspot.com/-r9tKcQ8QLwY/TaCtxXskA-I/AAAAAAAAAA0/n-3Kt1jII88/s320/Debt5.GIF" /></a></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-_GfQpY_1PiE/TaCt1v2Cj5I/AAAAAAAAAA8/YOhFLLjmkTs/s1600/Debt6.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="191" width="320" src="http://3.bp.blogspot.com/-_GfQpY_1PiE/TaCt1v2Cj5I/AAAAAAAAAA8/YOhFLLjmkTs/s320/Debt6.GIF" /></a></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-iddWe_Bu9xI/TaCt6EPqqVI/AAAAAAAAABE/8nwo4h0KfIY/s1600/Debt7.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="191" width="320" src="http://1.bp.blogspot.com/-iddWe_Bu9xI/TaCt6EPqqVI/AAAAAAAAABE/8nwo4h0KfIY/s320/Debt7.GIF" /></a></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-dkJgoatYldo/TaCt91O6SQI/AAAAAAAAABM/2WqM-eLni-E/s1600/Debt8.GIF" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="191" width="320" src="http://4.bp.blogspot.com/-dkJgoatYldo/TaCt91O6SQI/AAAAAAAAABM/2WqM-eLni-E/s320/Debt8.GIF" /></a></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/3497055411487389735-2043507783980656652?l=econspot.blogspot.com' alt='' /></div>Econ Tigerhttp://www.blogger.com/profile/10452611965928800674noreply@blogger.com0