[hubbubhubbub]

Sorry, I mis-stated. Liabilities are 8 times GDP. GDP is $10T not $12T. Liabilities (not current deficit) are $80T.

BTW, Where have you seen Net Worth at record levels?

[Toddsterpatriot]

Sorry, I mis-stated. Liabilities are 8 times GDP. GDP is $10T not $12T.

In current dollars, 1st Quarter 2005 GDP was $12.1917 trillion.

B.E.A.

Liabilities (not current deficit) are $80T.

You mean for Social Security and Medicare?

BTW, Where have you seen Net Worth at record levels?

Here. $48.7945 trillion.

Federal Reserve