Graph of the Day for December 28, 2009

"Weaknesses in the economy and financial markets - and the government's response to them - have contributed to near-term increases in federal deficits, which reached a record level in fiscal year 2009.  While a lot of attention has been given to the recent fiscal deterioration, the federal government faces even larger fiscal challenges that will persist long after the return of financial stability and economic growth... the long-term fiscal outlook remains unsustainable."

Government Accounting Office, October 15, 2009.



Source:  GAO.


Hoven's Index for December 28, 2009


Year Medicare began running cash deficits:  2008.

Year Social Security will begin running cash deficits:  2016.

Year the Medicare trust fund will be exhausted:  2017.

Year the Social Security trust fund will be exhausted:  2037.


Source:  GAO.


Graph of the Day Archive.

If you experience technical problems, please write to helpdesk@americanthinker.com

Most Read


Last 24 Hours

So Milley was running the whole Ukraine war with Russia without telling the public -report
Big Balls to the rescue: DOGE saves a terabyte of data destroyed by USIP employees
Astronauts carefully tell the truth
The NYT Prefers its Own Conspiracy Theories
War By Other Means: Demographics

Last 7 Days

Reza Pahlavi at CPAC? Big mistake
Nearing the Final Battle Against the Deep State
So Milley was running the whole Ukraine war with Russia without telling the public -report
Hegseth boards plane flanked by two ‘bada**’ women, and the politically correct capitulation tour continues
Mark Steyn’s Reversal of Fortune