Economy
In this section you will be able to follow the discussion regarding the US economy, unemployment and jobs, US budget deficit, US debt burden, Government entitlements (Social Security & Medicare), and government impact on the economy (financial reform, government regulations, housing markets, and crumbling infrastructure -transportation).

$63 Trillion of World Debt in One Visualization

11/1/17
from Visual Capitalist,
10/27/17:

This is the real threat to our economy—debt.

If you add up all the money that national governments have borrowed, it tallies to a hefty $63 trillion.

The U.S. is a prime example of “debt creep” – the country hasn’t posted an annual budget surplus since 2001, when the federal debt was only $6.9 trillion (54% of GDP). Fast forward to today, and the debt has ballooned to roughly $20 trillion (107% of GDP), which is equal to 31.8% of the world’s sovereign debt nominally.

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