Tuesday, March 12, 2013

IOUSA: One Nation. Under Debt. In Stress. (Full Version)

An interesting, informative and factual summary of the US financial health up to the end of the Bush era. It covers the growing deficit and debt of the nation, its effect on Social Security and our heavy dependence on foreign funds.
Most concerning is that this does not cover the enormous spending of the Obama Administration, which is borrowing far more money every year than the highest spending years of the Bush administration. Due to the recession, there is less money to pay the debt than there was three years ago.

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