Current Events

The "Debt Crisis" Farce

David F Mayer — 5/22/2006 5:08:23 PM (archived)

Here is the change in national debt adjusted for inflation:

More revealing is the national debt compared to GDP

The above make it very clear that the "Debt Crisis" is a farce.

Source for both graphs: http://www.marktaw.com/culture_and_media/TheNationalDebt.html

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The whole thread (17 posts)

• The "Debt Crisis" Farce - David F Mayer - 5/22/2006 5:08:23 PM
  • The first chart, while accurate is misleading... - Scott Evil - 5/23/2006 4:28:41 AM
  • re: The "Debt Crisis" Farce - ER - 5/22/2006 11:05:17 PM
    • re: The "Debt Crisis" Farce - ER - 5/23/2006 12:19:23 PM
      • Something I've noticed over the years... - Tom Brosz - 5/23/2006 4:18:34 PM
        • Except that the last time the Dems were in power... - alcaray - 5/23/2006 6:25:02 PM
          • Check out who won Congress in 1994. (n/t) - Tom Brosz - 5/23/2006 9:02:03 PM
            • Check out who had it before that (n/t) - alcaray - 5/23/2006 9:09:12 PM
              • And did nothing about the deficit. (n/t) - Tom Brosz - 5/24/2006 4:31:48 AM
                • take another look at the slopes of the lines in the graph, buddy. (n/t) - alcaray - 5/25/2006 4:28:58 PM
      • "People with no opinions are more dangerous than people with the wrong opinion." - David F Mayer - 5/23/2006 3:46:00 PM
        • re: "People with no opinions are more dangerous than people with the wrong opinion." - ER - 5/23/2006 6:23:29 PM
  • I'm relieved to see we have no problems........ - Publius - 5/22/2006 9:08:38 PM
    • We have a debt PROBLEM. We do not have a debt CRISIS. - David F Mayer - 5/23/2006 2:29:13 PM
      • Funny, but...... - Publius - 5/23/2006 2:37:14 PM
        • "Contractual obligation?" Hate to break this to you... - Tom Brosz - 5/23/2006 3:06:26 PM
        • re: GM that neglected to fund their consentual agreement - Scott Evil - 5/23/2006 3:03:44 PM