Thursday, June 04, 2009

Total Public Debt Continues to Soar Out of Control (Graph)

Federal Government Debt (Total Public Debt) continues to soar.

Total Public debt first reached 6,006,032 millions of dollars in March, 2002. Soon we will be at 12,000,000 million of dollars. We should hit that figure by the end of September. So in a little over 7 years the public debt is doubling.

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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