CBO report: Debt will rise to 90% of GDP

CBO report: Debt will rise to 90% of GDP

Hmmmm? Makes my Tacoma budget look completely sane! How's your forecast? Our foretasted debt per person (tax payer or not) in 10 years will only be $170,000 per household!!! Not bad if we can then go to mom and dad and ask them to bail us out... Oh that's right that won't work, we'll need people that are now in their 20's and 30's to pay it down. Thanks guys!

 

Link?

 

170k? i think ill file that bill right here in that little black container under the sink. ignoring things always makes them go away

 

http://www.washingtontimes.com/news/2010/mar/26/cbos-2020-vision-debt-will-rise-to-90-of-gdp/

Or just go to the CBO website and dig - My question when I see the graph (if it is true - the only person that can really tell you the truth is, well no one - we'll see it when we get there)... Was the light blue part of the graph after the vote for healthcare? If so, I can certainly see why it had to be rushed through!!! Either way, my opinion is that nothing is free and I feel churches and private parties help people get back on their feet much better. Social programs do nothing but make people lazy in 98% of all cases - funny but I think the medical marijuana issue probably has the same numbers - about 2% actually have a condition that may be aided by it's use.

How's that working?