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What’s Wrong With Government Debt

March 14, 2011

What’s Wrong With Government Debt.

I considered myself fairly conversant with the fiscal trends for the federal government, but I was shocked to see Keith Hennessey’s illuminating chart of the trends projected in the Obama administration’s February budget report:

A Shocking Chart

I considered myself fairly conversant with the fiscal trends for the federal government, but I was shocked to see Keith Hennessey’s illuminating chart of the trends projected in the Obama administration’s February budget report:

President Obama’s Proposed Budget Path
Figure 1
Read on.

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2 Comments leave one →
  1. March 14, 2011 5:55 pm

    Wow! The Obama administration lasts all the way until 2060! He’ll be almost 100 by then!

  2. 1familyman permalink
    March 19, 2011 8:38 am

    You’ve got a point there Ben. A big Debt is a terrible thing to waste.

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