Thursday, July 12, 2012

Dumb --dumbest. Watch Lou Dobbs

Spain dumb, but we are dumber, national debt will reach 26 T by 2020. Per capita in USA is 30000/person, Spain 10 to 15000.

Very interesting program.



2020 will be 26 T.

Projected and Recent US Federal Debt Numbers
Gross Federal Debt Debt Held by Public
FY 2013* $17.5 trillion $10.6 trillion
FY 2012* $16.4 trillion $9.7 trillion
FY 2011 $14.8 trillion $8.5 trillion
FY 2010 $13.5 trillion $8.2 trillion
FY 2009 $11.9 trillion $6.8 trillion
FY 2008 $10.0 trillion $5.3 trillion
Gross Federal Debt is the total debt owed by the United States federal government. It comprises “debt held by the public” and “debt held by federal government accounts,” such as IOUs owed to the Social Security trust fund. “Debt held by the public” includes debt actually held by the public and foreign governments, and also debt held by the Federal Reserve System, i.e., monetized as part of the monetary base.
Debt Charts
TotalFederalStateLocal

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