What the Debt Really Looks Like – FYI

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:

 

 

Year

1972

2008

2040

National Debt

$449,298,066,119

$10,642,857,671,495

$174,257,626,905,318

GDP

$4,104,900,000,000

$14,488,500,000,000

$42,791,956,581,872

Debt as percentage of GDP

10.94%

73.46%

407.22%

Debt per capita

$2,181

$35,029

$408,992

     

 

 

And here is the overall chart, 1972 – 2040:

 

Year Total Population

US GDP

United States National Debt Debt as % of GDP Debt per Capita

2040

426,065,383

$42,791,956,581,872

$174,257,626,905,318

407.2205%

$408,992.69

2035

404,138,689

$36,130,312,622,418

$90,349,625,176,628

250.0660%

$223,560.94

2030

383,340,413

$30,505,721,038,862

$60,801,423,038,066

199.3115%

$158,609.48

2025

363,612,484

$25,756,738,554,304

$40,916,750,193,782

158.8584%

$112,528.45

2020

344,899,817

$21,747,054,597,058

$27,535,218,137,447

126.6159%

$79,835.41

2015

327,150,164

$18,361,578,763,177

$18,530,020,939,737

100.9174%

$56,640.72

2010

310,313,965

$15,503,137,363,805

$12,469,909,419,753

80.4347%

$40,184.82

2008

303,824,640

$14,488,500,000,000

$10,642,857,671,495

73.4573%

$35,029.61

2007

302,063,131

$13,840,000,000,000

$8,680,224,380,086

62.7184%

$28,736.46

2006

299,398,484

$13,194,700,000,000

$8,170,424,541,313

61.9220%

$27,289.47

2005

293,135,000

$11,048,625,000,000

$7,932,709,661,724

71.7982%

$27,061.63

2004

290,617,000

$10,703,500,000,000

$7,379,052,696,330

68.9406%

$25,390.99

2003

287,699,000

$10,301,100,000,000

$6,783,231,062,744

65.8496%

$23,577.53

2000

278,944,000

$9,816,950,000,000

$5,674,178,209,887

57.7998%

$20,341.64

1995

263,733,000

$8,031,700,000,000

$4,973,982,900,709

61.9294%

$18,859.92

1990

248,644,000

$7,112,525,000,000

$3,233,313,451,777

45.4594%

$13,003.79

1985

236,594,000

$6,053,750,000,000

$1,945,941,616,460

32.1444%

$8,224.81

1980

225,027,000

$5,161,675,000,000

$930,210,000,000

18.0215%

$4,133.77

1972

206,004,000

$4,104,900,000,000

$449,298,066,119

10.9454%

$2,181.02

 

 

About Alex Scipio

About Alex Scipio: Alex moved out of the People's Republic of California to the Free State of Arizona, finally tiring of the lack of the Bill of Rights, the overgrown idiocracy, and the catering to non-Americans & welfare recipients. He still wonders how America got from Truman, Eisenhower, and Daniel Patrick Moynihan to the Liberal and Conservative extremes so badly managing America today. And, yes, islam DOES need to be annihilated. And doing what he can to get folks away from the extremes of political life.
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2 Responses to What the Debt Really Looks Like – FYI

  1. Sandy says:

    Oh Thanks. This insures me a good night’s sleep.

  2. Robin says:

    Looks like it might be a good thing that the world, according to the Mayan calendar, is going to end in 2012.

    Send this to Al Gore, it looks like that hockey stick he’s always talking about, maybe we can turn his attention to something a bit more useful.

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