US Debt Gone Bad(1) After 2005 US debt started to increase more rapidly then the usual rise. (2) Around the same time the GDP (total goods and services produced by them) growth rate became slow. (3) US debt might have crossed its GDP. (It is unlikely that the secret might be kept for long.) (4) Dot Com Bubble and the Housing Sector Bubble both went bust precipitating 2008 Depression. (Officially US is out of that-whatever is meant by that.) (5) Federal US Government spent $1.6tn, that is, $1600bn to battle the financial crisis. (6) This resulted in lower tax returns and in turn hitting the people. (7) Add up the $1.25tn, that $1250 bn spent on wars in Iraq and Afghanistan. (Strange that the victims do not think that US is at war with them!) (8) Good Samaritan G.W.Bush had even slashed tax to help his beloved people! (Normally when you are going to war you'd expect to pay at least financial price as an individual.) (9) Unemployment increased. This meant two things. One more expenditure on benefits to the unemployed and lower tax returns to the government. In short deepening of crisis. (10) Half of budget is mandatory-means not cut possible. (11) In the rest half fifty percent is defense. This too can not be cut. (12) Being the growth based economy the budget deficit is managed by the growth money-ther very thing that is disappearing.