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Reply #25: DEBT/DEFICIT confusion is one of the things that allows them to scam us! [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
FULL_METAL_HAT Donating Member (673 posts) Send PM | Profile | Ignore Mon Mar-27-06 10:54 AM
Response to Reply #7
25. DEBT/DEFICIT confusion is one of the things that allows them to scam us!
Edited on Mon Mar-27-06 10:56 AM by FULL_METAL_HAT

Here's a graph I made. Save and share! :)

A couple of points to note:

The purple line with square points is the debt as a % of GDP (with the percentage scale on the right side of the graph). You might consider as the amount of money you earn per year vs. how much debt you carry. (Frankly when I looked at this I thought its actually kinda reasonable. If someone made $40K/year, carrying $13,200 (33%) or even $27,200 (68%) in a car loan or a mortgage doesn't seem out of bounds. But I'm not a 'conimist so I can't say if this holds true of an entire nation!)

As we can see it's fluctuated between 50% down to 33% up to 68% down to 58% and then from there I can only presume its trending upward.

The two lines near the bottom, the blue shows the deficit as a % of the GDP, which has never broke 7% it seems but has been below 0% meaning no deficit. The orange line shows the deficit as a % of the debt which is quite fascinating when you look at the presidents and politics of the times when it was highest. Of course Clinton had a budget SURPLUS so this line dropped below 0% into the "negative deficit".

Please feel free to comment on the politics of the times we can see in this graph.

{B^> FMH

p.s. If you want to SEE where the budget money goes, there is an EXCELLENT visual layout here: /

I suggest you start with the circle with the flag. It starts there by showing of the 2004 budget of $782 BILLION, Military spending was $399 BILLION while NON-Military spending was $383 BILLION! 51% to 48% (familiar numbers???) And that doesn't include the 26 BILLION for DHS (non-military lol!) ... that brings it up to a "mandate" of 54% ... I daresay our 'conomy is being solely supported by our spending our future (by running up the deficits and debts) on weapons against an enemy that killed 500 TIMES less people in 5 years than "Adverse Drug Reactions" from pharmaceuticals has (est. 305,000 PER YEAR! "Death by medicine" Word document of study)

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