Friday, September 25, 2009

Federal Deficit Made Easy

There is no subject more important than the cumulative federal budget deficit. It is one thing to say that Washington has lost touch with America, and quite another when the deficit is brought down to understandable levels and the crisis hits home. The three visualizations below show what a $56 trillion in unfunded obligations really means.

One Trillion Dollars Made Easy
How much is one trillion dollars in $100 bills?
http://www.pagetutor.com/trillion/index.html

Obama Administration Deficit Made Easy
This is a comparison with past presidents since 1900. This smart animation represents U.S. deficits in miles per hour. The highest spending speed before President Obama was 64 miles per hour by his predecessor. Now Obama Administration rakes in deficits at a pace of 174 miles per hour.
http://www.youtube.com/watch?v=P5yxFtTwDcc

Your Personal Payment for the Deficit Made Easy
This one is the most depressing of them all. Basically every American owes a mortgage for a $483,000 house that he or she has no title to.
http://online.wsj.com/article/SB10001424052970203585004574392620693542630.html#printMode