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Growth in U S National Debt vs Cumulative Trade Deficit

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                                 Growth in U.S. National Debt vs. Cumulative
                                            Trade Deficit, 1976-2010
                            14



                            12



                            10
     Trillions of Dollars




                                                                                Cumulative Trade De-
                             8                                                  ficit (in current dollars)
                                                                                Grow th in National
                                                                                Debt
                             6



                             4



                             2



                             0
                                    1979 1983 1987 1991 1995 1999 2003 2007
                                 1977 1981 1985 1989 1993 1997 2001 2005 2009



Notes:
1. 2010 trade data annualized, based on actual data through September.
2. Cumulative trade deficit expressed in current dollars.
3. Sources: U.S. Treasury (national debt); Bureau of Economic Analysis (trade deficit)
4. U.S. National debt was $0.53 trillion in 1975. Chart above shows growth in the debt from
   that point, not actual debt. (Add $0.53 trillion to obtain actual debt.)




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