Have you ever seen a funny photo that was captured just before a "something bad" happens? The tag-line is usually something like … This isn't going to end well.
Well, after the news came out about President Obama seeking a $3.8 Trillion budget. I remembered seeing this chart; and it isn't so funny.
Federal Spending Is Growing Faster Than Federal Revenue.
Since 1965, federal tax revenues and spending have soared. Revenues have increased by more than $1.5 trillion, and spending is up by $3.3 trillion. In 2009, federal revenue will drop, while federal spending is expected to increase by nearly $1 trillion.
To give you some context for this issue, here is an interactive U.S. Debt Clock.
Click the picture and you'll see a version that updates in real-time.