Friday, March 29, 2013

System Debt 2009

And here are the numbers for 2009:


Systemic Debt as of 12/31/2009

TCMDO                     53,278
Intragov. Holdings         4,500
FERS (as of 9/30/2009)     5,284
Soc. Security unfunded     5,400
Medicare unfunded          2,400
                         -------
Total Systemic Debt       70,862
                         =======

So the increase from 2009 to 2010 was 3.7%.  Between the end of 2008 and the end of 2009 there was almost no change.  This is because of the Great Recession.

This can't be calculated for previous years because the method of calculating the Medicare unfunded liability changed because Obamacare supposedly fixed it.

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