Projected debt of the american economy - 2009-2019. Source: FY 2010 OMB Budget
(Frontline). Transcript:
In Obama's budget, the debt will accumulate at an even faster rate than it did under George Bush.
The deficits are so large that by 2017 the national debt is projected to be more than the entire economic output of the country. That hasn't happened since 1947.
In ten years, according to the Budget Plan, the debt will have more than doubled to over $23 trillion dollars.
Hi! i'm from Sweden and i'm really happy to say that we have a public debt of about 35%, and still decreasing! that's a level you have never been down to :)
CheatNuker 4 months ago
Somebody better do something before 2019.
baigandine 1 year ago
I wonder are we full of hot air or are we going to do something about it?
If we don't like what's going on in our country then we need to do something.
We have a voice and we need to use it.
Vote them out in 2012.
If we sit, complain and do nothing in the end, what are we, a bunch of wind bags?
At that point, look in the mirror, for what you see is the problem and not the solution.
"One person can make a difference and every person should try." J.F.K
timefordifference 2 years ago