U.S. Government Debt/Deficit: A Disaster in the Making? [View article]
The source is noted in the "Source" footnote at the end of the article. The link will take you to the St. Louis Federal Reserve site and the longer article.
> Mr. Templeton, > Could you please sight your sources for the above graphs? According > to David Walker, former head of the General Accountability Office > (seekingalpha.com/symbo...), the future obligations of medicare > are 3 times higher for 2020 and current federal debt is at least > 90% of GDP ( the Feds contribution is becoming a greater percentage > of that GDP thereby nonproductive or socialized GDP) than you have > shown.
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The source is noted in the "Source" footnote at the end of the article. The link will take you to the St. Louis Federal Reserve site and the longer article.
Jan 14 07:55 am
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All Comments by David I. Templeton »U.S. Government Debt/Deficit: A Disaster in the Making? [View article]
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David
On Jan 13 10:40 AM benevolent dictator wrote:
> Mr. Templeton,
> Could you please sight your sources for the above graphs? According
> to David Walker, former head of the General Accountability Office
> (seekingalpha.com/symbo...), the future obligations of medicare
> are 3 times higher for 2020 and current federal debt is at least
> 90% of GDP ( the Feds contribution is becoming a greater percentage
> of that GDP thereby nonproductive or socialized GDP) than you have
> shown.