To: whitedog57
Currently, Uncle Sam has public debt equal to 100.46% of GDP. That is, negative equity.GDP is income. The correct comparison is to a guy making 30 grand per year having a 30 grand mortgage.
2 posted on
10/05/2013 3:24:41 PM PDT by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: Zhang Fei
GDP is income. No kidding. For a finance guy, that's a pretty silly mistake for him to make.
3 posted on
10/07/2013 4:12:24 PM PDT by
Toddsterpatriot
(Science is hard. Harder if you're stupid.)
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