November 26, 2011

Who's responsible for out-of-control federal spending?

Look at the federal debt as a percentage of Gross Domestic Product since 1948, and you tell me. The massive increase that began in 2007 coincided with a certain change in Washington, and we're still riding that rocket to disaster.

Click on the chart to see it at full size.

Federal debt to GDP, 1948-2012

In case you're wondering, "Gross Domestic Product" is basically the sum of all economic activity in the United States per year.

2 TrackBacks

TrackBack URL: http://brainshavings.com/cgi-bin/mt/mt-tb.cgi/2733

Click on the banner and ponder what you find. You might be surprised.... Read More

Click to see it at full size. Do you want four more years of horrible unemployment and skyrocketing debt?... Read More

Leave a comment

RSS   Twitter
 




 
SOB Alliance posts
Web Analytics