Wednesday, October 5, 2011

Good News

The average increase in the debt is now 2.48%/quarter or 10.29%/year. This is slightly better than the previous average increase. If these trends continue, the future total national debt will be as follows:

9/30/2011 14790
9/30/2012 16312
9/30/2013 17990
9/30/2014 19842
9/30/2015 21883
9/30/2016 24135
9/30/2017 26619
9/30/2018 29358
9/30/2019 32379
9/30/2020 35710
9/30/2021 39385

I would like to see this drop to 1.75% per quarter, or 7% per year.

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