In This Dimension

The following information for your enjoyment.

It is a chart showing the following:

Year
US Population
US GDP
US National Debt
Debt as % of GDP
Debt per Capita

For the sake of space, I show only every five years, with the exception of 2003-2008, as they are current.

1972-2005 are ACTUALS from various sources such as the CIA Factbook, IRS and Census.

2006-2008 are ESTIMATES from these same sources.

2008–2040 are PROJECTIONS based on the historical average increases in each category 1972-2005. They do NOT include whatever “stimulus” Pelosi, Reid and Obama will deliver unto us.

In 2040 I dumped in the entire unfunded $40T of Medicare, Medicaid and Social Security. I chose 2040 as that is the end of the decade when those who seem to be in-the-know say this $40T will come due. I dumped it in all-at-once as I do not know how it actually will be added over time.

These numbers also assume (as does Congress) that foreigners will continue to pay for our debt, no matter how much of it Congress racks up. This is an insane assumption, but it is one Congress is making. No surprise there.

If you think this might present a problem to you, your kids, grandkids, etc., etc., you might consider voting Baby Boomers out of office in every single election from here forward, and rising up against unionized teachers, who have left American education in the toilet – so deeply so that no one really appreciates where our Boomer “leaders” are leading this country.

Here is a quick summary of where we were when Boomers began to vote and hold office, today and 2040:

And here is the overall chart, 1972 - 2040: