Visualizing The Abyss: An Itemized Representation Of The (Endless) U.S. Budget Deficit

Tyler Durden's picture

A terrific chart out of the New York Times, demonstrating succinctly the endless abyss that the actual US budget is becoming (ignore the rosy expectations for a surplus - the likelihood that the US can claw its way back out of the hole at this point are slime to none). The attached article by David Leonhardt, America's Sea of Red Ink Was Years In The Making, is also a great read, and shows just how deep the sovereign debt rabbit hole goes.