debt federal. A National Problem

2008-03-19 10:27:17

( Financial )



Are you worried about government debt? Are you wondering where the government can get government debt help? Always hearing about debt federal?

Well have you heard about the national debt check? Even in times BC, the problem of empty treasuries, public debt, arrogant public officials and the problem of balancing the public debt existed. Well there is a website which refers to itself as the national debt check which answers all these questions you have about debt federal and national.

Here are some useful answers to questions about debt federal that have probably been on your mind.

Who is all this money owing to? Who owns this debt?

Just about half is owing to the Federal Reserve Bank as well as other government accounts. That is owed by a part of the government to yet another part of the government. What remains of this debt is privately held.

These proportions change over time and can be had from the treasury department.

Debt and Deficit – what is the difference?
national debt – total amount the government owes.
federal budget deficit – annual amount where spending exceeds revenue.

If you add all the deficits, subtract the few budget surpluses there have been over the past 200+ years – this equals the current national debt.

Even if politicians boast that the deficit is down – don’t be fooled. If you reduce the deficit it just means that less is being added to the debt that particular year – big deal! The debt still remains. But when will the national debt actually go down?

Has it grown over time?

In 1791 the national debt was under a hundred million dollars. Today, national debt increases by the same amount EVERY HOUR!

Looking at the debt clock – it seems that at time the national debt decreases.

This is just an illusion. On average, national debt is always on the increase despite day to day fluctuations. Long term averages indicate that it just gets higher and higher.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.