About 'national debt chart'|Can a Return to Isolationism Solve America’s National Debt Crisis

About 'national debt chart'|Can a Return to Isolationism Solve America’s National Debt Crisis

Ｒｅｃｅｎｔｌｙ               ｔｈｅｒｅ               ｈａｖｅ               ｂｅｅｎ               ａ               ｎｕｍｂｅｒ               ｏｆ               ｃａｌｌｓ               ｂｙ               ｌｉｂｅｒａｌｓ               ｒａｎｇｉｎｇ               ｆｒｏｍ               Ｐｒｅｓｉｄｅｎｔ               Ｏｂａｍａ               ｔｏ               Ｗａｒｒｅｎ               Ｂｕｆｆｅｔｔ               ｆｏｒ               ｔｈｅ               "ｗｅａｌｔｈｉｅｓｔ               Ａｍｅｒｉｃａｎｓ"               ｔｏ               ｐａｙ               ｔｈｅｉｒ               "ｆａｉｒ               ｓｈａｒｅ"               ｉｎ               ｏｒｄｅｒ               ｔｏ               ｈｅｌｐ               ｔｈｅ               ｅｃｏｎｏｍｙ               ｒｅｃｏｖｅｒ. Ａｃｃｏｒｄｉｎｇ               ｔｏ               ｔｈｉｓ               ｔｈｅｏｒｙ,               ｔａｘｅｓ               ｆｏｒ               ｔｈｅ               ｒｉｃｈ               ｗｅｒｅ               ｃｕｔ               ｔｏ               ｖｉｒｔｕａｌｌｙ               ｎｏｔｈｉｎｇ               ｂｙ               Ｐｒｅｓｉｄｅｎｔ               Ｂｕｓｈ. Ｔｈｉｓ               ｌｅｄ               ｔｏ               ｔｈｅ               ｄｅｆｉｃｉｔｓ               ａｎｄ               ｍｏｕｎｔｉｎｇ               ｎａｔｉｏｎａｌ               ｄｅｂｔ               ｔｈａｔ               ｗｅ               ｆａｃｅ               ｔｏｄａｙ.                Ａｃｃｏｒｄｉｎｇ               ｔｏ               2008               ｔａｘ               ｄａｔａ,               ｔｈｅ               ｍｏｓｔ               ｒｅｃｅｎｔ               ｔｈａｔ               ｉｓ               ａｖａｉｌａｂｌｅ               ｆｒｏｍ               ｔｈｅ               Ｉ.Ｒ.Ｓ,               ｉｎ               ｔｈｅ               Ｈｅｒｉｔａｇｅ               Ｆｏｕｎｄａｔｉｏｎ               2011               Ｂｕｄｇｅｔ               Ｃｈａｒｔ               ｔｈｅ               ｐｒｅｖａｉｌｉｎｇ               ｌｉｂｅｒａｌ               ｖｉｅｗ               ｔｈａｔ               ｒｉｃｈ               Ａｍｅｒｉｃａｎｓ               ａｒｅ               ｇｅｔｔｉｎｇ               ａ               ｆｒｅｅ               ｒｉｄｅ               ｉｓ               ｎｏｔ               ａｃｃｕｒａｔｅ. Ｔｈｅ               ｔｏｐ               ｏｎｅ               ｐｅｒｃｅｎｔ               ｏｆ               ｗａｇｅ               ｅａｒｎｅｒｓ               ｐａｉｄ               38               ｐｅｒｃｅｎｔ               ｏｆ               ａｌｌ               ｆｅｄｅｒａｌ               ｉｎｃｏｍｅ               ｔａｘｅｓ               ｉｎ               2008. Ｗｈｅｎ               ｔｈｅ               ｖｉｅｗ               ｉｓ               ｅｘｐａｎｄｅｄ               ｔｏ               ｉｎｃｌｕｄｅ               ｔｈｅ               ｔｏｐ               10               ｐｅｒｃｅｎｔ               ｏｆ               ｗａｇｅ               ｅａｒｎｅｒｓ,               ｔｈｅ               ｒｉｃｈｅｓｔ               10               ｐｅｒｃｅｎｔ               ｏｆ               Ａｍｅｒｉｃａｎｓ               ｐａｉｄ               ａｌｍｏｓｔ               70               ｐｅｒｃｅｎｔ               ｏｆ               ａｌｌ               ｔａｘｅｓ. Ｃｏｎｖｅｒｓｅｌｙ,               ｔｈｅ               ｂｏｔｔｏｍ               50               ｐｅｒｃｅｎｔ               ｏｆ               ｗａｇｅ               ｅａｒｎｅｒｓ               ｐａｉｄ               ｌｅｓｓ               ｔｈａｎ               ｔｈｒｅｅ               ｐｅｒｃｅｎｔ               ｏｆ               ａｌｌ               ｔａｘｅｓ               ｉｎ               2008. Ｄｅｍｏｃｒａｔｓ               ｈａｖｅ               ｎｏｔ               ｓａｉｄ               ｗｈａｔ               ｐｅｒｃｅｎｔａｇｅ               ｏｆ               ｔｈｅ               ｔａｘ               ｂｕｒｄｅｎ               ｔｈｅｙ               ｂｅｌｉｅｖｅ               ｗｏｕｌｄ               ｃｏｎｓｔｉｔｕｔｅ               ａ               ｆａｉｒ               ｓｈａｒｅ.                Ｉｎｔｅｒｅｓｔｉｎｇｌｙ,               ｔｈｅ               ｃｈａｒｔｓ               ｓｈｏｗ               ｄａｔａ               ｂａｃｋ               ｔｏ               1980,               ｓｏ               ｃｌａｉｍｓ               ｔｈａｔ               ｔａｘ               ｃｕｔｓ               ｂｅｎｅｆｉｔ               ｔｈｅ               ｒｉｃｈ               ｃａｎ               ｂｅ               ｅｘａｍｉｎｅｄ               ｏｎ               ａ               ｙｅａｒｌｙ               ｂａｓｉｓ. Ｕｎｄｅｒ               Ｐｒｅｓｉｄｅｎｔ               Ｒｅａｇａｎ,               ｔａｘｅｓ               ｗｅｒｅ               ｃｕｔ               ｉｎ               ｂｙ               ｔｈｅ               Ｅｃｏｎｏｍｉｃ               Ｒｅｃｏｖｅｒｙ               Ａｃｔ               ｏｆ               1981               ａｎｄ               ｔｈｅ               Ｔａｘ               Ｒｅｆｏｒｍ               Ａｃｔ               ｏｆ               1986. Ｔｈｅ               ｔａｘ               ｄａｔａ               ｆｏｒ               ｔｈｅ               ｔｏｐ               ｏｎｅ               ｐｅｒｃｅｎｔ               ｅａｒｎｅｒｓ               ｓｈｏｗｓ               ｔｈａｔ               ｔｈｅｉｒ               ｓｈａｒｅ               ｏｆ               ｔｈｅ               ｔａｘ               ｂｕｒｄｅｎ               ｒｏｓｅ               ａｆｔｅｒ               ｔｈｅ               1981               ｔａｘ               ｃｕｔｓ. Ｉｎ               1986,               ｔｈｅｉｒ               ｔａｘ               ｂｕｒｄｅｎ               ｒｏｓｅ               ｏｖｅｒ               1985,               ｂｕｔ               ｄｅｃｌｉｎｅｄ               ｉｎ               1987. Ｉｔ               ｒｏｓｅ               ｓｈａｒｐｌｙ               ｉｎ               1988,               ｂｅｆｏｒｅ               ｄｅｃｌｉｎｉｎｇ               ａｓ               ｔｈｅ               ｅｃｏｎｏｍｙ               ｓｌｏｗｅｄ               ｔｏ               ａ               ｒｅｃｅｓｓｉｏｎ               ｉｎ               ｔｈｅ               ｅａｒｌｙ               '90ｓ. Ａｆｔｅｒ               ｆａｌｌｉｎｇ               ｗｉｔｈ               ｔｈｅ               ｒｅｃｅｓｓｉｏｎ               ｏｆ               2000,               ｔｈｅ               ｔａｘ               ｂｕｒｄｅｎ               ｏｆ               ｔｈｅ               ｔｏｐ               ｏｎｅ               ｐｅｒｃｅｎｔ               ｒｏｓｅ               ｔｏ               ｏｖｅｒ               ｓｉｘｔｙ               ｐｅｒｃｅｎｔ,               ａｎ               ａｌｌ-ｔｉｍｅ               ｈｉｇｈ,               ｉｎ               2007               ａｆｔｅｒ               ｔｈｅ               Ｂｕｓｈ               ｔａｘ               ｃｕｔｓ. Ｔｈｅ               ｔａｘ               ｂｕｒｄｅｎ               ｏｆ               ｔｈｅ               ｔｏｐ               ｏｎｅ               ｐｅｒｃｅｎｔ               ｅａｒｎｅｒｓ               ｈａｓ               ｄｏｕｂｌｅｄ               ｓｉｎｃｅ               1980,               ｉｎ               ｓｐｉｔｅ               ｏｆ               ｓｅｖｅｒａｌ               ｒｏｕｎｄｓ               ｏｆ               ｔａｘ               ｃｕｔｓ.                Ｗｈｅｎ               ｔｈｅ               ｂｏｔｔｏｍ               50               ｐｅｒｃｅｎｔ               ｅａｒｎｅｒｓ               ａｒｅ               ｅｘａｍｉｎｅｄ,               ｔｈｅ               ｒｅｓｕｌｔｓ               ａｒｅ               ｔｈｅ               ｏｐｐｏｓｉｔｅ. Ｔｈｅ               ｂｏｔｔｏｍ               50               ｐｅｒｃｅｎｔ'ｓ               ｔａｘ               ｂｕｒｄｅｎ               ｐｅａｋｅｄ               ｉｎ               1981               ａｔ               7.45               ｐｅｒｃｅｎｔ. Ｔｈｅｉｒ               ｔａｘ               ｂｕｒｄｅｎ               ｄｅｃｌｉｎｅｄ               ｓｌｉｇｈｔｌｙ               ａｆｔｅｒ               ｔｈｅ               1981               ｔａｘ               ｃｕｔｓ,               ｂｕｔ               ｆｅｌｌ               ｓｈａｒｐｌｙ               ｉｎ               1986               ａｎｄ               ａｆｔｅｒ. Ｉｎ               2008,               ｔｈｅ               ｔａｘ               ｂｕｒｄｅｎ               ｏｆ               ｔｈｅ               ｂｏｔｔｏｍ               50               ｐｅｒｃｅｎｔ               ｗａｓ               ｌｅｓｓ               ｔｈａｎ               ｈａｌｆ               ｏｆ               ｔｈｅ               ａｍｏｕｎｔ               ｏｆ               ｔｈｅｉｒ               1980               ｔａｘ               ｂｕｒｄｅｎ. Ｔｈｉｓ               ｉｓ               ｂｅｃａｕｓｅ               ｍａｎｙ               ｌｏｗ-ｉｎｃｏｍｅ               ｆａｍｉｌｉｅｓ               ｈａｖｅ               ｂｅｅｎ               ｔｏｔａｌｌｙ               ｒｅｍｏｖｅｄ               ｆｒｏｍ               ｔｈｅ               ｔａｘ               ｒｏｌｌｓ. Ａｎ               ａｓｔｏｎｉｓｈｉｎｇ               47               ｐｅｒｃｅｎｔ               ｏｆ               Ａｍｅｒｉｃａｎｓ               ｄｏｎ'ｔ               ｐａｙ               ａｎｙ               ｆｅｄｅｒａｌ               ｉｎｃｏｍｅ               ｔａｘ               ａｔ               ａｌｌ               ａｃｃｏｒｄｉｎｇ               ｔｏ               Ｙａｈｏｏ               Ｆｉｎａｎｃｅ.                Ｂｅｃａｕｓｅ               ｏｆ               ｔｈｅ               ｓｙｓｔｅｍ               ｏｆ               ｔａｘ               ｗｉｔｈｈｏｌｄｉｎｇ,               ｍａｎｙ               ｐｅｏｐｌｅ               ｍａｙ               ｎｏｔ               ｅｖｅｎ               ｒｅａｌｉｚｅ               ｔｈａｔ               ｔｈｅｙ               ｄｏｎ'ｔ               ｐａｙ               ｔａｘｅｓ. Ｔｈｅｓｅ               ｐｅｏｐｌｅ               ｍａｙ               ｈａｖｅ               ｆｅｄｅｒａｌ               ｉｎｃｏｍｅ               ｔａｘｅｓ               ｄｅｄｕｃｔｅｄ               ｆｒｏｍ               ｔｈｅｉｒ               ｐａｙｃｈｅｃｋｓ,               ｂｕｔ               ｔｈｅｎ               ｇｅｔ               ａ               ｒｅｆｕｎｄ               ｏｆ               ａｌｌ               ｉｎｃｏｍｅ               ｔａｘｅｓ               ｐａｉｄ               ｗｈｅｎ               ｔｈｅｙ               ｆｉｌｅ               ａ               ｔａｘ               ｒｅｔｕｒｎ. Ｕｎｌｅｓｓ               ａ               ｔａｘｐａｙｅｒ               ｅｘａｍｉｎｅｓ               ｔｈｅｉｒ               ｔａｘ               ｒｅｔｕｒｎ               ｃｌｏｓｅｌｙ,               ｔｈｅｙ               ｗｉｌｌ               ｎｏｔ               ｋｎｏｗ               ｈｏｗ               ｍｕｃｈ               ｔｈｅｙ               ａｃｔｕａｌｌｙ               ｐａｙ               ｉｎ               ｔａｘｅｓ,               ｏｒ               ｗｈｅｔｈｅｒ               ｔｈｅｙ               ｐａｙ               ｔｈｅｍ               ａｔ               ａｌｌ.                Ｔｈｅ               Ｔａｘ               Ｆｏｕｎｄａｔｉｏｎ               ｐｕｂｌｉｓｈｅｓ               ｄａｔａ               ｗｈｉｃｈ               ｅｘａｍｉｎｅｓ               ｔｈｅ               ｎｅｔ               ｃａｓｈ               ｆｌｏｗ               ｔｏ               ｔｈｅ               ｆｅｄｅｒａｌ               ｇｏｖｅｒｎｍｅｎｔ               ｆｒｏｍ               ｔｈｅ               ｓｔａｔｅｓ. Ｔｈｅ               ｍｏｓｔ               ｒｅｃｅｎｔ               ｄａｔａ               ｉｓ               ｆｒｏｍ               2005. Ｔｈｅ               ｓｔａｔｅｓ               ｔｈａｔ               ｓｅｎｄ               ｔｈｅ               ｍｏｓｔ               ｔａｘ               ｒｅｖｅｎｕｅ               ｐｅｒ               ｃａｐｉｔａ               ｔｏ               ｔｈｅ               ｆｅｄｅｒａｌ               ｇｏｖｅｒｎｍｅｎｔ               ｗｅｒｅ               Ｃｏｎｎｅｃｔｉｃｕｔ,               Ｎｅｗ               Ｊｅｒｓｅｙ               ａｎｄ               Ｍａｓｓａｃｈｕｓｅｔｔｓ. Ｔｈｅ               ｓｔａｔｅｓ               ｔｈａｔ               ｐａｉｄ               ｔｈｅ               ｆｅｗｅｓｔ               ｔａｘｅｓ               ｐｅｒ               ｃａｐｉｔａ               ｗｅｒｅ               Ｗｅｓｔ               Ｖｉｒｇｉｎｉａ,               Ｌｏｕｉｓｉａｎａ               ａｎｄ               Ｍｉｓｓｉｓｓｉｐｐｉ.                Ｔｈｅ               ｓｔａｔｅｓ               ｔｈａｔ               ｐａｙ               ｔｈｅ               ｍｏｓｔ               ｔａｘｅｓ               ｄｏ               ｎｏｔ               ｒｅｃｅｉｖｅ               ｔｈｅ               ｍｏｓｔ               ｆｅｄｅｒａｌ               ｓｐｅｎｄｉｎｇ               ｈｏｗｅｖｅｒ. Ｔｈｅ               ｓｔａｔｅｓ               ｗｉｔｈ               ｔｈｅ               ｈｉｇｈｅｓｔ               ｒａｔｉｏｓ               ｏｆ               ｆｅｄｅｒａｌ               ｓｐｅｎｄｉｎｇ               ｔｏ               ｔａｘ               ｄｏｌｌａｒｓ               ｐｅｒ               ｃａｐｉｔａ               ｗｅｒｅ               Ｎｅｗ               Ｍｅｘｉｃｏ,               Ｍｉｓｓｉｓｓｉｐｐｉ,               ａｎｄ               Ａｌａｓｋａ. Ｔｈｅ               ｓｔａｔｅｓ               ｗｉｔｈ               ｔｈｅ               ｌｏｗｅｓｔ               ｒａｔｉｏｓ               ｗｅｒｅ               Ｃｏｎｎｅｃｔｉｃｕｔ,               Ｎｅｖａｄａ,               ａｎｄ               Ｎｅｗ               Ｊｅｒｓｅｙ. Ｉｎ               ｐｒａｃｔｉｃｅ,               ｔｈｉｓ               ｍｅａｎｓ               ｔｈａｔ               ｂｌｕｅ               ｓｔａｔｅｓ               ｗｉｔｈ               ｈｉｇｈ               ｗａｇｅｓ               ａｎｄ               ｈｉｇｈ               ｃｏｓｔｓ-ｏｆ-ｌｉｖｉｎｇ               ａｒｅ               ｓｕｂｓｉｄｉｚｉｎｇ               ｒｅｄ               ｓｔａｔｅｓ.                Ｇｅｏｒｇｉａ,               ｗｈｉｃｈ               ｒａｎｋｓ               29ｔｈ               ｉｎ               ｔａｘｅｓ               ｐａｉｄ               ａｎｄ               40ｔｈ               ｉｎ               ｆｅｄｅｒａｌ               ｆｕｎｄｓ               ｒｅｃｅｉｖｅｄ,               ｈａｓ               ｈｉｓｔｏｒｉｃａｌｌｙ               ｒｅｃｅｉｖｅｄ               ｆｅｄｅｒａｌ               ｆｕｎｄｓ               ｔｈａｔ               ａｒｅ               ａｐｐｒｏｘｉｍａｔｅｌｙ               ｅｑｕａｌ               ｔｏ               ｔｈｅ               ｔａｘｅｓ               ｔｈａｔ               ｉｔ               ｓｅｎｄｓ               ｔｏ               Ｗａｓｈｉｎｇｔｏｎ. Ｇｅｏｒｇｉａ               ｒａｎｋｅｄ               34ｔｈ               ｉｎ               ｔｈｅ               ｒａｔｉｏ               ｏｆ               ｆｅｄｅｒａｌ               ｓｐｅｎｄｉｎｇ               ｐｅｒ               ｔａｘｅｓ               ｐａｉｄ.                Ｗｈｅｎ               Ｗａｒｒｅｎ               Ｂｕｆｆｅｔｔ               ｔｅｌｌｓ               ｓａｙｓ               ｔｈａｔ               ｍｉｌｌｉｏｎａｉｒｅｓ               ｄｏｎ'ｔ               ｐａｙ               ｔｈｅｉｒ               ｆａｉｒ               ｓｈａｒｅ,               ｈｅ               ｉｓｎ'ｔ               ｔｅｌｌｉｎｇ               ｔｈｅ               ｗｈｏｌｅ               ｓｔｏｒｙ. Ｍｕｃｈ               ｏｆ               Ｂｕｆｆｅｔｔ'ｓ               ｉｎｃｏｍｅ               ｉｓ               ｆｒｏｍ               ｃａｐｉｔａｌ               ｇａｉｎｓ               ａｎｄ               ｄｉｖｉｄｅｎｄｓ,               ｗｈｉｃｈ               ａｒｅ               ｔａｘｅｄ               ａｔ               15               ｐｅｒｃｅｎｔ. Ｂｕｔ               ｔｈｉｓ               ｍｏｎｅｙ               ｈａｓ               ａｌｒｅａｄｙ               ｂｅｅｎ               ｔａｘｅｄ               ｏｎｃｅ               ａｓ               ｃｏｒｐｏｒａｔｅ               ｉｎｃｏｍｅ,               ｗｈｉｃｈ               ｉｓ               ｃｕｒｒｅｎｔｌｙ               ｔａｘｅｄ               ａｔ               35               ｐｅｒｃｅｎｔ,               ｔｈｅ               ｈｉｇｈｅｓｔ               ｃｏｒｐｏｒａｔｅ               ｔａｘ               ｒａｔｅ               ｉｎ               ｔｈｅ               ｗｏｒｌｄ. Ｓｅｃｏｎｄ,               Ｂｕｆｆｅｔｔ               ｕｓｅｓ               ｔｈｅ               ｃｈａｒｉｔｙ               ｄｅｄｕｃｔｉｏｎ               ｔｏ               ａｖｏｉｄ               ｐａｙｉｎｇ               ｔａｘｅｓ               ｏｎ               ｍｕｃｈ               ｏｆ               ｈｉｓ               ｉｎｃｏｍｅ. Ｈｅ               ｉｓ               ａ               ｇｅｎｅｒｏｕｓ               ｇｉｖｅｒ               ｔｏ               ａ               ｖａｒｉｅｔｙ               ｏｆ               ｃｈａｒｉｔｉｅｓ               ａｎｄ,               ｉｎ               2006,               ｍａｄｅ               ｔｈｅ               ｌａｒｇｅｓｔ               ｄｏｎａｔｉｏｎ               ｔｏ               ｃｈａｒｉｔｙ               ｅｖｅｒ               ｇｉｖｅｎ               ｂｙ               ａｎ               ｉｎｄｉｖｉｄｕａｌ,               ａ               $37               ｂｉｌｌｉｏｎ               ｄｏｎａｔｉｏｎ               ｔｏ               ｔｈｅ               Ｂｉｌｌ               ａｎｄ               Ｍｅｌｉｎｄａ               Ｇａｔｅｓ               Ｆｏｕｎｄａｔｉｏｎ. Ｔｈｉｓ               ｇｉｆｔ               ｗａｓ               ｔａｘ-ｄｅｄｕｃｔｉｂｌｅ.                Ｂｕｆｆｅｔｔ'ｓ               ｃｏｍｐａｎｙ,               Ｂｅｒｋｓｈｉｒｅ               Ｈａｔｈａｗａｙ               ｏｗｎｓ               ｓｅｖｅｒａｌ               Ｇｅｏｒｇｉａ               ｃｏｍｐａｎｉｅｓ               ｉｎｃｌｕｄｉｎｇ               Ｂｅｒｋｓｈｉｒｅ               Ｈａｔｈａｗａｙ               Ｈｏｍｅｓｔａｔｅ,               ａｎ               ｉｎｓｕｒａｎｃｅ               ｃｏｍｐａｎｙ               ｉｎ               Ａｌｐｈａｒｅｔｔａ. Ｓｈａｗ               Ｉｎｄｕｓｔｒｉｅｓ,               ｔｈｅ               ｗｏｒｌｄ'ｓ               ｌａｒｇｅｓｔ               ｃａｒｐｅｔ               ｍａｎｕｆａｃｔｕｒｅｒ               ｗｈｉｃｈ               ｉｓ               ｈｅａｄｑｕａｒｔｅｒｅｄ               Ｄａｌｔｏｎ,               ｉｓ               ａ               Ｂｅｒｋｓｈｉｒｅ               Ｈａｔｈａｗａｙ               ｃｏｍｐａｎｙ. Ｂｅｒｋｓｈｉｒｅ               Ｈａｔｈａｗａｙ               ｉｓ               ａｌｓｏ               ｈｅａｖｉｌｙ               ｉｎｖｅｓｔｅｄ               ｉｎ               ｏｔｈｅｒ               ｃｏｍｐａｎｉｅｓ               ｔｈａｔ               ｍａｎｙ               Ｇｅｏｒｇｉａｎｓ               ｒｅｃｏｇｎｉｚｅ               ｉｎｃｌｕｄｉｎｇ               Ｗａｌ-ｍａｒｔ               ａｎｄ               Ｃｏｓｔｃｏ.                Ｆａｒ               ｆｒｏｍ               ｂｅｉｎｇ               ａｎ               ａｎｓｗｅｒ               ｔｏ               ｔｈｅ               ｃｏｕｎｔｒｙ'ｓ               ｓｐｅｎｄｉｎｇ               ｐｒｏｂｌｅｍ,               ｔｈｅ               Ｗａｌｌ               Ｓｔ. Ｊｏｕｒｎａｌ               ｒｅｐｏｒｔｓ               ｔｈａｔ               ｍｉｌｌｉｏｎａｉｒｅｓ               ａｒｅ               ａｎ               ｅｎｄａｎｇｅｒｅｄ               ｓｐｅｃｉｅｓ. Ｂｅｔｗｅｅｎ               2007               ａｎｄ               2009,               ｔｈｅ               ｎｕｍｂｅｒ               ｏｆ               ｍｉｌｌｉｏｎａｉｒｅｓ               ｆｅｌｌ               ｆｒｏｍ               390,000               ｔｏ               237,000. Ｔｈｉｓ               ｉｓ               ａ               ｄｅｃｌｉｎｅ               ｏｆ               39               ｐｅｒｃｅｎｔ. Ｗｉｔｈ               ｆｅｗｅｒ               ｍｉｌｌｉｏｎａｉｒｅｓ               ｔｏ               "ｓｈａｒｅ               ｔｈｅ               ｓａｃｒｉｆｉｃｅ,"               Ｄｅｍｏｃｒａｔｓ               ｗｉｌｌ               ｈａｖｅ               ｎｏ               ｃｈｏｉｃｅ               ｂｕｔ               ｔｏ               ｔｕｒｎ               ｔｏ               ｔｈｅ               ｍｉｄｄｌｅ               ｃｌａｓｓ               ｔｏ               ｆｉｎａｎｃｅ               ｔｈｅｉｒ               ｓｐｅｎｄｉｎｇ               ｓｐｒｅｅ               ｕｎｌｅｓｓ               ｆｅｄｅｒａｌ               ｓｐｅｎｄｉｎｇ               ｉｓ               ｃｕｔ               ｓｈａｒｐｌｙ.

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1. National Debt Interest Payments Dwarf Other Government Spending [CHART]

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   ...in a civil manner; … Read more… 621 more words National Debt Interest Payments Dwarf Other Government Spending [CHART]

2. A chart is worth a thousand words… on the national debt

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3. U.S. Healthcare and National Debt

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4. The National Debt: How Big and Who Pays?

   petemurphy.wordpress.com/   12/17/2012

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5. Debt Chart Fun and Games With Nancy Pelosi

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7. Can a Return to Isolationism Solve America’s National Debt Crisis?

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8. US National Debt Will Exceed GDP by 2012

   newrightamerica.blogspot.com/   03/12/2010

   ...sense. [9]Here are the numerical values for the US debt-vs-GDP chart. Fiscal Year--GDP--National Debt--Debt to GDP ratio--as a % 2009 14237 11850 0.832338 83.23383 2010 14624 13760 0...

9. The Truth about Prospects for Cutting The National Debt

   petemurphy.wordpress.com/   07/15/2011

   ...The following is a chart of our national debt relative to our GDP, dating back...cut at all, here’s the effect on the national debt projection (again, expressed as...

10. Our National Debt - Exasperated by financial meltdown

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National Debt Chart - Blog Homepage Results

Enlightened Economicsbyenlightenedeconomics

http://enlightenedeconomics.wordpress.com/

...government, business, consumer, etc.) has grown much faster than either national income or Gross Domestic Product (GDP). (See chart below: ‘Total America Debt.’) Source: Grandfather Economic Report by Michael Hodges/financialsense.com I believe that...

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About 'us government debt'|US Government Debt vs. Silver

About 'us government debt'|US Government Debt vs. Silver

Ｇｒｅｅｃｅ               ｉｓ               ｅｘｐｅｃｔｅｄ               ｔｏ               ｒｅｐｏｒｔ               ａｓ               ｅａｒｌｙ               ａｓ               ｔｈｉｓ               ｗｅｅｋｅｎｄ,               ａｎｄ/ｏｒ               ｌａｔｅｓｔ               ｂｙ               ｅｎｄ               ｏｆ               ｔｈｅ               ｍｏｎｔｈ,               ｂｅｉｎｇ               ｕｎａｂｌｅ               ｔｏ               ｍｅｅｔ               ＥＵ               ｓｅｔ               ｆｏｒｔｈ               ａｕｓｔｅｒｉｔｙ               ｍｅａｓｕｒｅｓ               ａｍｉｄ               ｗｏｒｓｅｎｉｎｇ               ｃｏｎｄｉｔｉｏｎｓ. Ａｄｄｉｔｉｏｎａｌｌｙ,               ｔｈｅ               ｐｒｉｖａｔｅ               ｓｅｃｔｏｒ               ｗａｓ               ｅｘｐｅｃｔｅｄ               ｔｏ               ｐｌａｙ               ａｎ               ｉｍｐｏｒｔａｎｔ               ｒｏｌｅ               ｂｕｙｉｎｇ               ｇｏｖｅｒｎｍｅｎｔ               ｄｅｂｔ               ｉｎ               ｅｘｃｈａｎｇｅ               ｆｏｒ               ｃｒｅｄｉｔ. Ｔｈａｔ               ｄｉｄ               ｎｏｔ               ｈａｐｐｅｎ               ａｎｄ               Ｇｒｅｅｃｅ               ｉｓ               ｓｌｉｄｉｎｇ               ｅｖｅｒ               ｍｏｒｅ               ｉｎｔｏ               ｄａｒｋｎｅｓｓ               ａｎｄ               ｄｅｆａｕｌｔ               ｏｎ               ｉｔｓ               ｄｅｂｔ.                Ｉｎ               ａ               ｃａｕｓｅ               ａｎｄ               ｅｆｆｅｃｔ               ｔｈｅｏｒｙ-               ｔｈｅ               Ｅｕｒｏｐｅａｎ               Ｃｅｎｔｒａｌ               Ｂａｎｋ               -               ｉｓ               ｅｘｐｅｃｔｅｄ               ｔｏ               ｗｉｔｈｈｏｌｄ               ｆｕｒｔｈｅｒ               Ｇｒｅｅｋ               ｌｏａｎｓ               ｏｕｔ               ｏｆ               ａ               ｓｅｃｏｎｄ               ｔｒａｎｃｈｅ               ｏｆ               ＥＵ               ｃｒｅｄｉｔ. Ａｎｄ               ｌｉｋｅ               ｆａｌｌｉｎｇ               ｄｏｍｉｎｏｓ,               ａｆｔｅｒ               Ｇｒｅｅｃｅ,               ａｌｌ               ｅｙｅｓ               ｗｉｌｌ               ｂｅ               ｏｎ               Ｉｒｅｌａｎｄ,               ｓｕｂｓｅｑｕｅｎｔ               Ｐｏｒｔｕｇａｌ,               Ｉｔａｌｙ               ａｎｄ               Ｓｐａｉｎ.                Ａｌｔｈｏｕｇｈ,               ｔｈｅ               Ｇｅｒｍａｎ               ｃｈａｎｃｅｌｌｏｒ               ｗａｎｔｓ               Ｇｒｅｅｃｅ               ｔｏ               ｒｅｍａｉｎ               ｉｎ               ｔｈｅ               ＥＵ,               Ｇｒｅｅｃｅ               ｈａｓ               ｎｏ               ｃｈｏｉｃｅ               ｔｈａｎ               ｌｅａｖｉｎｇ               ｔｈｅ               ＥＵ,               ｏｔｈｅｒ               ＥＵ               ｍｅｍｂｅｒ               ｗｉｌｌ               ｆｏｒｃｅ               ｔｈｅ               Ｇｅｒｍａｎ               ｃｈａｎｃｅｌｌｏｒ'ｓ               ｈａｎｄ. Ｔｈｅ               ｅｆｆｅｃｔ               ｗｉｌｌ               ｂｅ               ｔｈｅ               ｅｍｅｒｇｅｎｃｅ               ｏｆ               ａ               ｓｍａｌｌｅｒ,               ｂｕｔ               ｍｏｒｅ               ｓｔａｂｌｅ               ＥＵ. Ａｓ               ｆｏｒ               Ｇｒｅｅｃｅ,               ｔｈｅ               ｃｏｕｎｔｒｙ               ｗｉｌｌ               ｐｒｏｂａｂｌｙ               ｒｅ-ｉｎｖｅｎｔ               ｔｈｅ               Ｄｒａｃｈｍｅ.                Ｔｈｅ               ｕｎｋｎｏｗｎ               ａｔ               ｔｈｉｓ               ｔｉｍｅ,               ｉｓ               ｔｈｅ               ｅｘａｃｔ               ａｍｏｕｎｔ               ｏｆ               Ｅｕｒｏ               ｂｉｌｌｉｏｎｓ,               Ｅｕｒｏｐｅａｎ               ｂａｎｋｓ               ｌｏａｎｅｄ               Ｇｒｅｅｃｅ? Ｔｈｅｒｅａｆｔｅｒ,               ｉｓ               ｔｈｅ               ａｍｏｕｎｔ               ｏｆ               ｉｎｖｅｓｔｍｅｎｔｓ               ｏｕｒ               ｂａｎｋｓ               ｔｉｅｄ               ｕｐ               ｉｎ               ｔｈｅ               Ｅｕｒｏｐｅａｎ               ｂａｎｋｓ? Ｌｅｔ               ｔｈｅ               ｄｏｍｉｎｏｓ               ｆａｌｌ               ｗｈｅｒｅ               ｔｈｅｙ               ｍａｙ. Ｎｏ               ｏｎｅ               ｒｅａｌｌｙ               ｋｎｏｗｓ               ｗｈａｔ               ｗｉｌｌ               ｈａｐｐｅｎ,               ａｎｄ               ｔｏ               ｗｈａｔ               ｅｘｔｅｎｄ               ａ               Ｅｕｒｏｐｅａｎ               ｄｅｂｔ               ｃｒｉｓｉｓ               ｗｉｌｌ               ｓｐｒｅａｄ               ｔｏ               ｔｈｅ               Ｕ.Ｓ? Ｆｏｒ               ｃｅｒｔａｉｎ,               ｌｙｉｎｇ               ａｈｅａｄ               ｉｓ               ａ               ｖｅｒｙ               ｕｎｓｔａｂｌｅ               ｍａｒｋｅｔ,               ｗｉｔｈ               ａ               ｄｉｓｔｉｎｃｔ               ｐｏｓｓｉｂｌｙ,               ａｎｏｔｈｅｒ               Ｕ.Ｓ. ｂａｎｋ               ｂａｉｌｏｕｔ               ｍａｙ               ｏｃｃｕｒ               (ｕｓｉｎｇ               ｐｕｂｌｉｃ               ｍｏｎｅｙ). Ｗｅ               ｈａｐｐｅｎ               ｔｏ               ｌｉｖｅ               ｉｎ               ａｎ               ｉｎｔｅｒｔｗｉｎｅｄ               ｗｏｒｌｄ.

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Related blog with us government debt

1. The insanity of US government debt

   bayourenaissanceman.blogspot.com/   03/27/2013

   ... clearly how little US debt (i.e. Treasury bonds, issued to pay for US government expenditure that isn't ..., and it's got us into our present mess. ...

2. US government shuts down as debt ceiling deadline looms

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   ...also agree to raise the debt ceiling that allows for more government borrowing, then the US will default on its debt. This possibility is widely seen as far more disruptive...

3. “The Rising Cost of Insuring Against US Government Debt”

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4. The Rising Cost of Insuring Against US Government Debt

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   ...swap, the higher the implied risk. The cost of insuring against US government debt, while still low, has grown significantly since mid-May. As of yesterday, it...

5. I like Obama and I agree with Keynes. But US government debt needs to be paid off sooner rather than later.

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6. US Government Debt vs. Silver

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7. Ratings agency S&P downgrades outlook for US government debt

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8. Who's going to buy the US government debt?

   bursamonitor.blogspot.com/   11/20/2009

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9. Government debt - the US vs the Eurozone

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10. Biggest holders of US government sovereign debt…

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    ...news/biggest-holders-of-us-gov-t-debt.html Excerpt: “ That’s right, the biggest single holder of U.S. government debt is inside the United...

Us Government Debt - Blog Homepage Results

Jubilee Year -- Cancel Our DebtbyJustin

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...cancellation is inevitable, but our government is determined to do...Jubilee means escaping from debt and the system that keeps us enslaved.

AMERICA'S GREATNESS UNDER ATTACK FROM WITHINbyCharles Strauch

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The current firestorm over our government run amok - saddling our... level of debt, highlights the leadership... that differentiate us from the rest of the world. Good...

<>byhumanepursuits

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... asked for a debt increase. John Boehner The ...to force fiscal sanity onto the government. Others, like Boehner...your credit card, if you show us how you’re going to...

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