From the Chicago Tribune found via infographics
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Homemade video trying to show why it is not a problem that China owns part of the U.S. government’s debt. Scroll 3 minutes into the video and you can see how he used low-tech paper to explain what would happen if we pay down the debt. No fancy graphics needed.
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From Numbrary. This site provides simple graphs for many different economic data sets and groups them by subject. The example below should the data for US Debt. Also allows users to upload data.
{Click on the image to take a closer look}
[tags]United States, Debt[/tags]
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Good Magazine in collaboration with Nigel Holmes created this historical survey of the US economy. The graph shows the GDP (grey) and the National Debt: real dollars (solid red line) and actual dollars (dotted red line)
{Click on the image to take a closer look}
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[tags]United States, GDP, National Debt[/tags]
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Here is a site that gives you an snapshot of the economy for the 1960s, 1970s, 1980s and 1990s. For example when I was born:
1971
Federal spending: $210,170,000,000
Federal debt: $408,200,000,000
Inflation: 5.7%
Unemployment: 4.9%Median Household Income: $9,028
Cost of a new home: $28,300
Cost of a first-class stamp: $0.06 ($0.08 as of 5/16/71)
Cost of a gallon of regular gas: $0.36
Cost of a dozen eggs: $0.53
Cost of a gallon of Milk: $1.18
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