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Analyst's note:  Thought you'd like to know....  For additional insight and perspective I recommend reading the "Related articles" shown below.

 

"[....] The amount of money the federal government owes to its creditors, combined with IOUs to government retirement and other programs, now tops $15.23 trillion.

[....] Long-term projections suggest the debt will continue to grow faster than the economy, which would have to expand by at least 6% a year to keep pace. [....]"

 

Related articles:

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How Congress Spends OUR Money

Our U.S. Economy and 50 Facts That Will Shock You

Gasoline - first in 92 years: The new big U.S. export ... while the price at our home pumps go up.

Whats Holding Back the Economy

USAF to purchase Brazilian planes thus Obama nixes more jobs

Dialog: East Coast - West Coast

U.S. is at China's Mercy for Rare Earth Minerals

Obama's Science 'czar' is providing China U.S. technology?

Now the International Monetary Fund (IMF) needs a bailout?

Obama: Incompetent or Malevolent?

Federal Gov't Signs 'Partnerships' with Foreign Govs to Protect Illegal Workers in U.S.

First U.S. Federal Reserve Audit Reveals Trillions in Secret Bailouts

Dialog: East Coast - West Coast ... The national economy takes top billing in the discussion at the virtual round table between Bob Anderson, Dr. Lloyd Case, Will Dell, John Bernard, and Paul Taylor.

Federal Reserve audit exposes major securities fraud and the embezzlement of $16 trillion... plus much more

Items of Economic Interest with Real Impact

G. Edward Griffin on Inflation, Politics and the Power Elite

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