As of June 1, 2010, the total national debt was 90% of US economic output and for the first time exceeded $13 trillion.
…in 2012. Essentially, there will be more debt than economic out by 2012.
Don’t worry, Obama isn’t the only one to blame: Under President George W. Bush, the national debt increased from $5.6 trillion in January 2001 to $10.7 trillion by December 2008, rising from…
See original here:
The Growth Of American National Debt Over 70 Years [pics]
- Related posts on economics countries
- El Futuro @ blog.JCLong.net
- Countries evolution: Understanding the Archetype of Germany
- Countries with the Biggest Gaps Between Rich and Poor
- Related posts on george-bush economics
- Recession? I Call it a Vow of Poverty
- obama tv: two fresh ads hammer mccain on economy with personal touch
- what a mess…
Related posts:
- American National Debt In The Last 25 Years [image]
- The Global Problem of National Debt [Infographic]
- U.S. National Debt Clock–Rolls Over to 13 Trillion
- Where Is America’s Debt? (PIC)
- Visualizing America’s National Debt (Infographic)
Tags: countries, economics, george-bush, housing, network, obama, outlook, pictures, post, search, united-states