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Featured Data & Charts

Chart 3: Initial Jobless Claims


Chart 1: Consumer Price Index and Producer Price Index Change
Chart 2: Daily Yield Spread, Moody's Aaa and baa Rated Corporate Bonds
Chart 4: Percent of Labor Force Long-Term Unemployed

Description of Charts



The U.S. Economic Outlook
A PowerPoint presentation by William Beach on the implications of mounting federal debt for the debt paying generation. Total debt is expected to grow from $5.8 trillion in 2008 to $11 trillion by 2019. That is 41% of GDP in 2008 becoming 82% of GDP by 2019. A Tsunami of debt from Social Security, Medicare, and Medicaid will push total debt to 320% of GDP in 2050 and 750% in 2083. In 2019, Interest payments alone on the debt will be $100 billion more than president Obama projects to spend on the whole Department of Defense. (PowerPoint)

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