from AMERICA THE BROKE, by Gerald J. Swanson (Doubleday; August 3, 2004)

Chart 1

Government Spending

Chart 2

Growth in Total Debt

Chart 3

Interest on the Marketable Debt

Chart 4

Percent of Public Debt Held by Foreigners

Chart 5

Borrowing Binge

Chart 6

1937-2004 Total Benefits Paid in Billions of Dollars

Chart 7

Deficits Under Johnson

Chart 8

Deficits Under Nixon

Chart 9

Deficits Under Ford

Chart 10

Deficits Under Carter

Chart 11

Deficits Under Reagan

Chart 12

Deficits Under George H. W. Bush

Chart 13

Deficits Under Clinton

Chart 14

Deficits Under George W. Bush

Chart 15

Deficit/Surplus, 1964-2004

Chart 16

The Real Numbers

Chart 17

The Lie, The Damned Lie, The Statistic, The Truth

Chart 18

Total Federal Budget Imbalances

Chart 19

Projected Total Debt

Chart 20

Dollar Value of U.S. Debt Held by Foreigners

Chart 21

Cumulative Cash Taken from the Social Security Trust Fund

Chart 22

What We Really Owe

Chart 23

The Real Debt

Chart 24

Social Security Trust Fund Deficit

Chart 25

Workers Per Beneficiary

from Dean LeBaron

Chart 26

The Buying Power of the US Dollar

Chart 27

Faded Blues—T, XRX, EK

from Ian McAvity’s DELIBERATIONS on World Markets

Chart 28

Busted Bubbles Model—Post-Crash Rebounds

Chart 29

Busted Bubbles Model—Bubble Crash Overlays

The USD as a % of 12/31/00 Value

6/30/01

12/31/01

6/30/02

12/31/02

6/30/03

12/31/03

6/30/04

9/25/04

British Pound (G-7)

105.54%

102.88%

97.42%

93.07%

90.54%

83.97%

82.61%

82.74%

Canadian Dollar (G-7)

101.05%

106.16%

101.35%

105.21%

89.91%

86.38%

89.76%

85.11%

French Franc (G-7)

110.90%

106.30%

Euro

Euro

Euro

Euro

Euro

Euro

German Mark (G-7)

110.90%

106.30%

Euro

Euro

Euro

Euro

Euro

Euro

Italian Lira (G-7)

110.90%

106.30%

Euro

Euro

Euro

Euro

Euro

Euro

Japanese Yen (G-7)

109.00%

114.56%

104.46%

103.56%

104.52%

93.56%

94.68%

96.68%

Swiss Franc

111.32%

103.82%

91.91%

86.09%

83.76%

77.08%

78.57%

78.36%

Euro

base yr

94.56%

86.68%

78.96%

82.03%

80.83%