US Debt out of control for a long time

FEDERAL DEBT NEEDS TO RECOGNIZED AND RESOLVED

Daily we hear about the Fiscal Cliff and the Federal Debt being out of control. One can Google Federal Debt and get a myriad of information. For those interested in a small amount of detail, the site US Debt Clock.org provides (http://www.usdebtclock.org/#).

This article will cover 1) what has happened, 2) how we got here, and 3) solutions from the past. A updated set of data is available and will be incorporated in this website by August. Historical data is still the same and provides the documentation for the discussion in this post.

Continue reading

Just another WordPress site