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The Three Scariest Government Charts



Comments (2)

  1. Joe says:

    Louis,
    Great charts. Just wish the average voter could/would comprehend what it means to each of us? I fear the typical voter has no clue.

    [Reply]

  2. Jim Kelly says:

    60 % of the Federal debt is internal accounting, not borrowing from China and imbalances are a continuation from the Bush budget deficits and a lack of receipts cause from the recession.

    Federal debt can continue to grow because the Federal Reserve Banks monetized the debt or create money out of the air. Debt is not that important is long as the “World” community continues to accept the US dollar as the reserve currency. US taxes are at Historic Lows! Simply raise taxes back to rates in the mid 1990 s, cut defense back to the 1990 s and raise social security and medicare rates slightly. J K

    [Reply]

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