Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.

Infographic: Attack of the Debt Monkey

MoneyRates.com Senior Financial Analyst, CFA
June 27, 2012

It seems like every few months in Washington, a debate rages over the federal budget deficit or debt ceiling -- until some last-minute agreement emerges and the crisis appears to pass. But have these stopgap measures done anything to address the underlying issue of America's growing debt?

This is not just a government issue; the average American has also taken on an unmanageable level of debt. This addiction to debt contributed to the recession and financial crisis a few years ago, and the fundamental problem has yet to be addressed by the government or most individuals.

This MoneyRates.com infographic examines how this debt burden weighs on America like a monkey on its back.

See how America's debt has come to feel like a monkey on its back.

Embed on your site:

Your responses to ‘Infographic: Attack of the Debt Monkey’

Showing 2 comments | Add your comment

14 August 2012 at 5:20 pm

Richard Barrington addressed your question in the latest Ask the Expert feature:http://www.money-rates.com/ask-the-expert/where-did-the-debt-monkey-data-come-from.htm

Florida Golfer

14 August 2012 at 9:34 am

This is funny -- and frightening. Could you provide more details on the data this is based on. Thanks.

Add your comment
(will not be published, required)