Special offer

Federal Debt in Recent Years

By
Real Estate Agent with Keller Williams Realty TN R.E. License 292369

We all have good friends that send email forwards that seem to increase in frequency during an election year.  Most of them are not new, but old "news" and I am using the term "news" loosely here.  What ends up happening is that we have seen the same misinformation so often we begin to believe it is true.  There are actually cable news channels that may have this theme in their fine print.  

Anyway, today I received one which I was asked to research, and during my research I found this chart from the Congressional budget office.  Apologies that I could not find one more current than 2005 but it still tells a significant story.  

The chart speaks for itself, it needs no comment from me, only to ask you to pay close attention to the Federal Debt Increase Column.  We have been hearing an awful lot about the Federal Debt in this election cycle.  Sometimes it is good to look at the facts.

 

US Budget Chart

Posted by

Franklin TN, Brentwood TN and Nashville Tennessee Real Estate

 
Keller Williams Realty
   
 
               Return to Mike's Blog List
 
Keller Williams Realty - Franklin
9175 Carothers Pkwy, Ste 110 | Franklin, TN 37067 | 615-778-1818
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The opinions expressed by The Activerain Network and it's members and those providing comments are theirs alone, and do not reflect the opinions of Rodney Kennedy, Mike Nastri or Keller Williams Realty - Franklin, TN which is independently owned and operated. Neither Rodney Kennedy, Mike Nastri or Keller Williams Realty are responsible for the accuracy or content provided by The Community.

Comments (6)

Christine McDaniel
Christine McDaniel Realty, LLC - Avon, IN
Broker Associate

Thanks Mike,  interesting blog I'll have to "forward" it to a few friends ;)

Oct 17, 2010 05:08 PM
Michael C. Price
Keller Williams - Ann Arbor, MI
Ann Arbor-Real Estate Strategist

MIke..Thanks for this post . I will digest the info and send this out to some others who will appreciate the info.

Oct 17, 2010 05:11 PM
Franklin & Brentwood, TN Homes Mike Nastri
Keller Williams Realty - Franklin, TN
It matters to us as much as it matters to you.

Thanks Michael and Christine, I don't think it will digest easily in this forum, but it needs to be seen.  

Oct 17, 2010 05:14 PM
Nor Yeretsian
Envoy Capitol Realty Inc. - Toronto, ON
Envoy Capitol Realty Inc., Brokerage Toronto

Thanks Mike.

Cheers

Nor

Oct 17, 2010 05:32 PM
Stacey Smith
Keller Williams Realty - Aliso Viejo, CA
Your Orange County Beach Cities Realtor

This is an interesting blog... This country is spending money quicker than a teenage girl with daddy's credit card.

Oct 17, 2010 05:35 PM
Franklin & Brentwood, TN Homes Mike Nastri
Keller Williams Realty - Franklin, TN
It matters to us as much as it matters to you.

Cheers Nor.  Indeed it is Stacey, the sad thing is that it is nothing new, only newly being noticed.  Reminds me of the holidays around here when they all charge the gifts for a good time and don't like it much when the bill comes due.

Oct 17, 2010 05:42 PM