Look Mom, I’m posting about the Deficit.
Yes, I’m cross-posting this everywhere. Why? I think its important to look at it from every angle.
So one of the things that has been pointed out to me by some arm-chair economists: Its not the actual debt, but the debt to gross domestic product we need to worry about. I found this chart that is of great interest to me.
Ok, so I found it on the internet. I’m often skeptical of information found on the internet so I went digging. The site the graph came from listed their sources, so I went to them myself. I found the 357 page PDF file posted for the 2009 Fiscal Year Budget on www.whitehouse.gov . The table in section 7.1 is the one that is where this data comes from.
Right, so now I’ve gotten myself worked up a bit more. Yay.