The National Debt has been growing at an amazing rate. We show its growth over the last eighteen months below. There was the clear jump in an attempt to meet the "Financial Crisis" and then a levelling off and then the debt takes off again.
But what is more alarming is the growth in the debt as a percent of the GDP. We show that below. We have now exceeded the 90% line. We have gone from the high 60% level to over 90% in a mere 18 months! That of all the other metrics we look at should be the most terrifying. And the trend continues.
But what is more alarming is the growth in the debt as a percent of the GDP. We show that below. We have now exceeded the 90% line. We have gone from the high 60% level to over 90% in a mere 18 months! That of all the other metrics we look at should be the most terrifying. And the trend continues.
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