Postcards from the Bleeding Edge
Sunday, October 05, 2008

  Death by Debt



I don't know when this ad was produced, I don't think it was very long ago, but the national debt is currently at:

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Comments:
Is there any place you've found where we can see the history of the debt? I can go to finance.yahoo.com and see the rise and fall of stocks on the market, probably a few years back by now. Anything for the national debt, or is it too depressing to show?
 
Try this one, which has a pretty good spreadsheet linked at the bottom:

http://www.cedarcomm.com/~stevelm1/usdebt.htm

The debt to GDP chart in particular is quite telling, although I disagree with the author in that I believe (as did Ross Perot) that the real tipping point (where national debt began to drag down future growth) was in 1991.

I also have difficulty with using GDP as a measure as it measures less than worthy outputs (like military procurements)

I am afraid to calculate what payments on the debt would be like if interest rates went to 9%.

There are plenty of other analyses on the internet, I'm more interested in raw spreadsheets than web presentations... let me know if you find anything interesting.
 
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