Debt to rise to 90% of GDP - DFWstangs Forums
 
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post #1 of 4 (permalink) Old 03-26-2010, 02:05 PM Thread Starter
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Debt to rise to 90% of GDP

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The federal public debt, which was $6.3 trillion ($56,000 per household) when Mr. Obama entered office amid an economic crisis, totals $8.2 trillion ($72,000 per household) today, and it's headed toward $20.3 trillion (more than $170,000 per household) in 2020, according to CBO's deficit estimates.
http://www.washingtontimes.com/news/...-to-90-of-gdp/

The borrow is slave to the lender. I hope our kids like being slaves.
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post #2 of 4 (permalink) Old 03-26-2010, 02:54 PM
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Fuck, it's already nearly 90%, and over 400% if you really want to get technical.

Jesus wept.
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post #3 of 4 (permalink) Old 03-26-2010, 04:19 PM
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post #4 of 4 (permalink) Old 03-27-2010, 09:35 PM
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I dont see the problem. So we got a lil debt its the American way!

98 Brokra
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