RSSFederal Surpluses and Deficits 1968 – 2007
This chart provides a better view of the size of the surpluses and deficits. The largest surplus was $236 billion in 2000, and the largest deficit was $413 billion in 2004. The last bar on the right depicts the $162 billion deficit for 2007.
14 Responses to “Federal Surpluses and Deficits 1968 – 2007”
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June 4th, 2009 at 9:08 pm
hey nanagram6 isn’t it funny that as the Democrats started to take control of the House and Senate that the deficits started to shrink. Righstuff which air craft carrier would you have used to defend the towers.
September 1st, 2009 at 1:00 am
[...] the national debt, but let’s be realistic here. The fact is that we have run a deficit for almost every year since 1968. Nobel Prize winning economist Paul Krugman has explained why it’s not a good idea [...]
February 26th, 2010 at 12:25 am
It’s too bad that Mr. Perot was not elected in ’92. People were deceived into thinking that Clinton fixed the economy and that Perot was not needed to save us. The internet age brought a boom back to our dollar and the republican congress kept the government from over-spending the budget for the first time in ages. However, just because we had a surge in economy, does not mean that our country is in deep trouble, as these charts have been showing us and especially the current state of the nation.
May 29th, 2010 at 8:32 am
The problem is not only a national debt. Almost 90% of citizens live on a credit. Ones they get a raise, they don’t pay off their debt; instead they are moving to a bigger house, buying a more expensive car, go on vacation, and end up even deeper in debt.
We have to start from education from a childhood. Teach people how to save some money. Without savings the country will end up broken.