Years of Soaring Debt

If you wonder why I talk about cutting spending, take a look at the chart below and consider the inheritance we are leaving our children. We went seriously off-track in 2000 and it’s time for a course correction. Click this link for a larger version, or simply click on the chart itself.

This chart is one slide of a presentation by Jeff Gundlach of Doubleline Funds titled “The Decline and Fall of the Roman Empire.” If you are interested in an investment based analysis of our political efforts, it’s worth a look at the link below: