Some people think the national debt is falling; it’s all in the spin

Observations on life 3 comments

The following poster is finding its way around Facebook. It would appear we don’t have a problem at all. Let’s just keep rolling along as we are. Hey, it’s just (printed money).

20130303-120550.jpgThe budget deficit is getting smaller? How about the total debt? Let’s look at the numbers.

On December 31, 2008 the total national debt was $10,699,804,864,612.13 while on February 28, 2013 the national debt was $16,687,289,180,215.37

3 comments

  1. What budget does this refer to, there hasn’t been a budget in years. We have been operating under continuing resolutions, not budgets.

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  2. So WTH is going on?! if GDP is barely growing, and the Debt is skyrocketing…. How can this chart be true? Can anyone explain how the deficits are falling as a percentage?

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  3. Pingback: Oh no we haven’t !!! |

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