Friday, October 17, 2008

The 56 Trillion Dollar U.S. Deficit

The former U.S. Comptroller General, David Walker, interviewed by Bill Maher, highlights some astounding numbers that add to the scope of the financial crisis:

The U.S. deficit is actually more like 56 Trillion dollars!

The share of this debt works out to $480,000 for each U.S. household!

Watch the 6 Minute Video

1 comment:

Anonymous said...

Yes, I agree, the U.S. deficit is astounding. The leadership of the U.S. for the past 8 years has not helped in this situation.

When any group of people has leaders who are selfish, abusive, greedy, drunk with power, and obsessed with power, these things often happen.

Ex-member of TF