Dallas fed says so, US liabilities increased 33.9 trillion dollars ($33,900,000,000,000.00) in 1 years from 50 trillion in 2006 to 83.9 trillion in 2007
It's hard to argue against our own government's federal reserve numbers-and those debts & ;iabilities are expressed in current numbers, not any extra programs they add over the next 1,2 or 30 years.
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These deficit reduction figures are of course extremely misleading, and thus meaningless, as they do not reflect the staggering cost... [MORE]
David Henson
Jul 13, 2007 06:43
The war *IS* taken into account.
"As the mid-session review released yesterday by President Bush's Office of Management and Budget says,... [MORE]
Pay Attention
Jul 22, 2007 21:38
Dallas fed says so, US liabilities increased 33.9 trillion dollars ($33,900,000,000,000.00) in 1 years from 50 trillion in 2006 to...
Smitty
Jul 13, 2007 05:11
As your exposition reveals, the Democrats never tire of or shrink from lying, to advance their goals of creating a... [MORE]
John Spencer Yantiss
Jul 13, 2007 04:11
Over an economic cycle, we would expect a deficit at the beginning of the cycle to fall in both absolute... [MORE]
Douglas Green
Jul 12, 2007 16:58
If the deficit went down to $1, the national debt would increase $1. Interest on that debt is north of... [MORE]
Jay Alderson
Jul 12, 2007 12:35
huh...this tragedy you describe was cut in half in a relatively short period of time...and by the way, borrowing fuels... [MORE]
jeffrey
Jul 13, 2007 07:09
"But as the shrinking figures above show, in fact the deficit is shrinking."
Please...a $1.4 trillion deficit over four years is... [MORE]