US Debt: A Visual Introduction

Discussion in 'Economy' started by The_GiantNoodle, Jul 29, 2011.

  1. The_GiantNoodle
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    The_GiantNoodle Member

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  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    China not happy `bout it...
    :eusa_eh:
    China Expresses Disgust Over US Debt Deal
    August 03, 2011 : America's biggest creditor -- China -- is signaling deep unhappiness over this week's deal to raise the U.S. debt ceiling and the way it was accomplished.
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    US Debt Deal Compromise Leaves Many Unhappy
    August 01, 2011 - he U.S. House of Representatives has approved a compromise deal to raise the country's debt limit and cutting spending, one day before the government is due to start defaulting on its debt. In a vote Monday night, 269 House members approved the deal and 161 opposed it.
     
    Last edited: Aug 3, 2011
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says the biggest losers will be the American public if it don't work out...
    :eusa_eh:
    Experts Assess Winners And Losers in US Debt Debate
    August 03, 2011 - In U.S. politics, Washington is in recovery mode after a bruising fight over raising the national debt limit. President Barack Obama signed a compromise measure into law Tuesday that allows the U.S. government to borrow more money to meet its financial obligations in exchange for Republican demands for significant cuts in government spending. Both sides are breathing easier after averting a debt default, but, another battle over the size of the central government is just months away.
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    US Treasury Secretary Defends Debt Deal
    August 03, 2011 - U.S. Treasury Secretary Timothy Geithner is defending the compromise deal to cut spending and raise the country's borrowing limit, saying it gives government officials a chance to fix a broken system.
     
    Last edited: Aug 4, 2011
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    Obama likes to spend dat money...
    :eek:
    Obama Increased Debt More in 4 Days Than Truman and Eisenhower Did in 10 Years
    Monday, August 08, 2011 - In just four days last week, President Barack Obama’s administration increased the national debt by more in inflation-adjusted dollars than the administrations of Presidents Harry Truman and Dwight D. Eisenhower increased the national debt over the entire decade of the 1950s.
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    Gallup: Disapproval of Obama Ties All-Time High
    Monday, August 08, 2011 - The percentage of Americans saying they approve of the job President Barack Obama is doing tied its all-time low of 42 percent in the week of Aug. 1-7, while the percentage of Americans saying they disapprove of the job Obama is doing tied its all-time high of 50 percent, according to the Gallup poll.
     
    Last edited: Aug 8, 2011
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "Dem politicians got us swimmin' in debt - only we's drownin'...
    :eek:
    U.S. Debt Held by Public Tops $10T for 1st Time—Up 59 Percent Under Obama
    Friday, September 02, 2011 - At the close of business on Aug. 31--for the first time in the history of the country--the publicly held debt of the federal government topped $10 trillion, according to data released by the U.S. Treasury Department at 4:00 p.m. yesterday.

     
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  6. waltky
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    waltky Wise ol' monkey Supporting Member

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    What you need to know about the nat'l. debt...
    :eusa_eh:
    National debt: The five-minute primer
    September 6, 2011: A small, bipartisan group of lawmakers will be hunkering down this fall, negotiating ways to reduce deficits by at least $1.2 trillion over the next decade.
     
  7. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "Seems like the plan is to get us more in debt...
    :eusa_eh:
    Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined
    October 5, 2011 - The Obama administration passed another fiscal milestone this week, according to new data released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.
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    GOP worries they’ll have to accept massive spending measure
    10/05/11 - Congress way behind on passing FY12 appropriations bills, lawmakers have 6 weeks to figure out a solution
     
    Last edited: Oct 5, 2011
  8. Zander
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    Zander Platinum Member

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    What's a few trillion amongst friends?? We have nothing to worry about.....hope and change.....
     
  9. KissMy
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    KissMy Free Breast Exam

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  10. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says dem politicians don't know what dey's doin' - ya don't get outta debt by goin' deeper into it - we gonna end up like Greece...
    :eek:
    Debt Increased $203 Billion in Oct.--$650 for Every Man, Woman and Child in America
    November 2, 2011 - The federal government’s debt increased by $203,368,715,583.63 in the month of October, according to the U.S. Treasury.
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    Trying to Spend Billions in Stimulus Funds Like 'Putting A Lawn Hose on a Fire Hydrant,' IG Tells Congress
    November 2, 2011 – Inspector Generals with the Departments of Energy and Labor told a House panel on Wednesday that reports compiled at Congress’ request show that billions of dollars in stimulus funding given to the agencies to create green jobs have failed to achieve that goal.
     

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