January 26, 2013

Our Deficit/Debt Problem in one Simple Chart

Hat tip to Barry Ritholz for the chart!

Unfortunately TeamObama and the Democrats generally wants to increase the blue dotted line rather than address the real problem of the red line which is excessive spending. 

In reality some of both will be needed. Will the real leaders in Congress willing to address this please stand up? Do not be overshadowed by TeamObama's political considerations ahead of the nations financial difficulties that must be addressed.


1 comment:

Unknown said...

It is quite true that we are facing a financial struggle ahead of us. And if we don’t do something about it, our grandchildren may face the same problem. It is a must that we find ways to pay our loans slowly but surely, so that we can ease the problem and hopefully overcome it in the future.

Cinthia Mull