A simple example showing what happens when you only pay the minimun monthly payment on your credit card debt. I submitted this to Longshot magazine's issue on Debt but my graphic didn't make it in but you can take a look at the other submissions on their site.
Here is a site that gives you an snapshot of the economy for the 1960s, 1970s, 1980s and 1990s. For example when I was born:
1971Federal spending: $210,170,000,000 Federal debt: $408,200,000,000 Inflation: 5.7% Unemployment: 4.9%
Median Household Income: $9,028
Cost of a new home: $28,300 Cost of a first-class stamp: $0.06 ($0.08 as of 5/16/71) Cost of a gallon of regular gas: $0.36 Cost of a dozen eggs: $0.53 Cost of a gallon of Milk: $1.18
