Tuesday, April 10, 2012

U.S. Debt

We have a spending problem...More than anyone wants to admit.

As the chart shows, America’s debt is currently $15.1 trillion, while the Eurozone (which includes France, Germany, Greece, Italy, Spain, the U.K., and others) has a combined debt of $12.7 trillion. (All dollar amounts are in U.S. dollars, and the data refers to closing 2011 numbers.)
Tim Geithner should be concerned, but he isn't.
I fear for us all, if this doesn't change fast.

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