Tuesday, November 22, 2011

If You Like US Debt, You'll Love This!

(Click for larger image.)

CBO gives three estimates, not just one, of the US debt-load.

The first (and lowest) assumes that there will be ZERO economic effects from the debt-load.

Wanna bet on that?

The least optimistic puts Debt/GDP at 252%.  Can you spell "G R E E C E"?


J. Strupp said...

What is the baseline scenario and what changes to current law are considered in the alternate scenario?

And I can spell Greece. It just has nothing to do with our situation.

Dad29 said...

The link (beneath the graf) gets you to the original article, which contains a link to the CBO paper.