On the recordJune 9, 2010
But what is really frightening about that chart is, in 5 years, our debt to GDP will be at 112 percent, whereas right now Greece is 115 percent. In other words, in 5 years, we're going to be right where Greece is right now. And that illustrates the type of nosedive that the gentleman said we are in. If you look at the line of 2010 and follow it through the year 2046, which is the end line of that chart, you see the enormous upward spiral of our debt. This is, of course, part of the unsustainable situation that Dr. Bernanke was asking us to address. And if we do not, we will put our country in terrible financial straits.
