Author Topic: US Debt to the Penny - Current view  (Read 931 times)

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Online Weisshaupt

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US Debt to the Penny - Current view
« on: August 20, 2014, 09:16:14 AM »
US Debt on a Calendar Year basis



US Debt on a Fiscal Year Basis



US Debt as running total



Day to Day Change in US Debt ( can you spot the "shutdown"?) - basically the derivative of the Total debt curve...



I think this last one is most interesting, because you can see the pattern of spending change.. higher, sudden spikes in or out vs. a steady day to day, some money comes in, some money goes out, but they are about even. That is obviously NOT how the Obama administration works.  I think this is what cooked books look like, as they shuffle monye around at the last second to make things look right.

It does appear that the Obama growth rate overall is declining-- heading more towards the Bush trend-line (and remember - BUSH was bad and accounted for over 5 trillion in debt during his two terms..) but I don't think we have seen the full impact of Obamacare yet.  Soon we will see huge government payouts to the Insurance companies to keep them solvent- their guaranteed profits during the death spiral, and of course a huge amount of money paid out in subsidies for coverage.  Of course, they simply could be lying, and the debt numbers are much, much larger.. or this could be the effect of the TARP wad of about 420 Billion  being "paid back" making it look as if we aren't hemorrhaging quite as quickly.  Of course being "paid back" just means the banks took out loans at 0.0001% interest form the Fed and gave them to the Treasury..  and with the sale of AIG stock (also artificially inflated by means of the Federal Reserve QE programs) means the government has collected more money from TARP than it paid out.. even with the housing money never having been paid back.. They have  formed for themselves a new source of laundered revenue.. they own "troubled assets", so all they have to do is artificially inflate the prices on those assets via inflation and sell them and now they have "mo' money"

Offline Libertas

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Re: US Debt to the Penny - Current view
« Reply #1 on: August 20, 2014, 11:22:03 AM »
Yup, all true!

And I think that down trend is just a calm before the ObamaCare Storm, it's just not the insurance side of this being bailed out, it will be the poor who need subsidies, businesses who need breaks and if big enough bailouts, and when the provider/professional crunch hits, more bailouts, bailins and subsidies...and the eventual outright nationalization of everything healthcare won't look any different!

And we haven't even gotten to factoring in the amnesty effect, the EPA effect, the FDA effect etc etc that will explode debt silly.

I like the last chart too, it's going to get a whole lot fuglier, the forst ones just show the Obama Bulge (one of the very few times that term could ever be honestly applied)...

Catch phrase to pass around - Got SHTF plans?   ;)

If not, you're toast!
We are now where The Founders were when they faced despotism.