Wednesday, November 14, 2012

DANGER! One post that tells the story of US debt from 1790 to 2nd Qtr 2012…

From John Sykes

If Obama keeps it up, we should be well over our highest WW II peak of 112.7, far higher than most of the rest of the world in less than 2 years– and suffering even more than we are now!

At the end of the 2nd quarter of 2012 US Public Debt as % of GDP is at 101.7%, compared to 100.7% last quarter and 95.60% last year.

Here’s the rest of this history: