Should interest rates rise to the long-term average, interest on the national debt would more than double from the 2011 figure of $454 billion dollars.
Post Tagged with: "national debt"
August 21, 2012 08:50
Hitchhiker’s Recovery
Our so-called “recovery” is slower than Japan’s during its Lost Decade.
July 9, 2012 04:05
The Black Hole of Jobless in America
As of June, the U.S. faces a “jobs gap” of 11.3 million jobs since the start of the Great Recession in December 2007. Under the assumption of 208,000 new jobs per month, it will take until June 2020 – or eight years – to close the jobs gap.
May 3, 2012 08:26
Oil shock, Euro crash, U.S. fiscal cliff paint dark future says Dr. Doom
Nouriel Roubini who is famous for predicting the financial collapse which earned him the nickname “Dr. Doom” cited a Middle East conflagration oil crisis, “austerity fatigue” and “bailout fatigue” in Europe, and the “fiscal cliff” faced by the U.S. in a doom and gloom scenario.
April 20, 2012 04:53
Obama’s $5 Trillion Moment
In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56. Although he has served less than a term, Obama is now the first American president to see the federal government’s debt increase by more than $5 trillion during his time in office. – Townhall.com
April 19, 2012 11:55
Paul Ryan: President’s failed policies causing record poverty
“The president’s not a moderate Democrat. He’s way out there on the left playing partisan politics trying to shift blame for his own failed policies.” Rep. Ryan responds to Obama’s attacks on his proposed budget.
March 23, 2012 08:26
Government Promises Lead to Economic Dark Age
It is impossible to grow our way out of this hole. Arithmetic, rather than economics or politics, dictates the two options! The Ponzi scheme known as the democratic welfare state has run its course. Only its obituary is left to write.
March 21, 2012 07:07
Dems immediately lie about Ryan plan
New Dem ad lies about GOP budget plan even though they don’t have a plan. Democrats have not had a budget in three years. There is NO Democrat plan to decrease the unsustainable debt increase which will be $16 TRILLION by election day. Yet Dems put out an ad lying about the Ryan plan even before it was introduced to the public.
March 14, 2012 06:55
Gov. Mitch Daniels: Debt ‘Will Lead to National Ruin’
“There’s no other outcome arithmetically possible,” he added. …… the United States has never faced “a non-military danger or threat as large as the one we face today.” – CNSNews.com
March 12, 2012 05:09
National debt really $24 TRILLION
USA is worse off than Greece, Portugal, Spain or Ireland. In another four years, the additions to all of these categories of debt will bring us past Japan’s 200% Debt/GDP.
