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United States Debt Overview
"Money is like an arm or a leg; use it or lose it." (Henry Ford)
Today I found an interesting chart about the US debt which helps me as an overview starting to understand the big pictures about economy.
Could the following headlines be printed in the media?
Ronald Reagan was the first President to increase the National Debt by more than $100 Billion in one year!
Ronald Reagan was the first President to increase the National Debt by more than $200 Billion in one year!
George H.W. Bush was the first President to increase the National Debt by more than $300 Billion in one year!
George H.W. Bush was the first President to increase the National Debt by more than $400 Billion in one year!
George W. Bush was the first President to increase the National Debt by more than $500 Billion in one year!
Source
http://www.lafn.org/gvdc/Natl_Debt_Chart.html
Found via
http://euroyank.blogspot.com/

