The National Debt Road Trip

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10000Pennies | May 15, 2009

How do the Obama deficits compare with past presidents? And how did the natio...

10000Pennies | May 15, 2009

How do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This video tries to answer those questions by looking at the debt as a road trip and seeing how fast different administrations have been traveling.

Historical debt data: http://www.treasurydirect.gov/govt/re...

Inflation data: http://www.westegg.com/inflation/

Future debt data (2010 - 2016): http://www.whitehouse.gov/omb/assets/...

For more, follow my Twitter account at PoliticalMath or visit my blog at politicalmath.wordpress.com

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  • With the WAR debt under bush off the record and Obama adding it in, plus trying to jump start this country back to work......

    Do you need to adjust the DPH?

    A war tax or draft will even things out. So called "Good / Real" Americans should support these two things.

  • I didn't know Clinton hit the brakes. It leads me to wonder. Did the growing economy (.com bubble) lead to less spending or did less spending create the growing economy?

  • @DystopianUtopia There was NEVER a Surplus. Not even close. Just google "Clinton the surplus myth" and you will find hours of reading material.

  • When 80%-85% of the budget used to enrich the union membership and government workers and less than 15% goes indirectly towards society, then the claim that Unions and Government are providing essencial services are LIES! I do not consider enrichment of government workers and deadbeats money grabbers as essencial services!

  • I thought there was a surplus under Clinton?

  • your right!

  • To pick nits...wasn't Bush Jr.'s Congress during one of his two terms actually a Democrat majority?!?

  • i love you

  • $717,570,000,000.00 every year in legal tax evation by state and local government workers. Now they want you to bail out their pensions to the tune of multiple trillions (That's 12 zeros, $1 trillion = $1,000,000,000,000.00) for legal tax evaders who tanked their pension funds, their elected union pension administration tank their pension funds, democrats tanked their pension funds.  I am an American and I have always paids my taxes. I do not wish to bail out tax evaders!

  • Who are the largest legal SS tax evaders? State government workers 18 million and Local government 49 million or 67 million government workers do not pay Social Security tax. Individuals pay 7.65% and Businesses match 7.65%. Self Employed pay 15.3%. State and Local government employees pay ZERO%. 67,000,000 x $70,000 Salary x 7.65% x 2 = $717.57 Billion per yr tax evasion by government and government workers for Social Security taxes only! More than all the TARP spending to date!

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