CBO report: Debt will rise to 90% of GDP

The Washington Times ^ | 3/26/2010 | David M. Dickson

[secret garden]

Pelosi loves numbers. They’re so precise.

[ilovesarah2012]

I know I don’t have $170,000. I guess I need a bailout.

[PogySailor]

Well get busy Dems, you’re short 10%.

[mnehring]

Isn’t 40% of GDP the ‘break’ point that isn’t sustainable?

[truthkeeper]

And somehow this will be spun as a good thing.

[mikey_hates_everything]

Spreading the wealth.

[LowTaxesEqualProsperity]

This nation will implode economically and socially if this happens.

The only way it will not happen is if the current Congress Critters are thrown out en masse, which is unlikely to happen.

[throwback]

Thank G_ we got nationalized health care. Imagine what it would have been without all that cost cutting.</sarc>

[ClearCase_guy]

Smart states will secede and say, “I ain’t paying for your party.”

[Perdogg]

hey that means we can all walk around with $1,000,000,000 bills in our pockets.

[Altura Ct.]

Not a problem. We can print all we need.

[RC2]

Greece is at 115% so look at what’s happening to them. We aren’t that far away from 115%.

[NorCoGOP]

The only way it will not happen is if the current Congress Critters are thrown out en masse, which is unlikely to happen.

I'm not so sure about that...there is enough voter ange....no...FURY out there that there will probably be a LOT of "Who are you?" thrown around in Congress next January...

[bert]

......They’re so precise......

Some would say 9.7% unemployment is 10% rounded and $9.75 trillion is a $10 trillion $$$ deficit

[buschbaby]

This makes me ill. The future for my children is so bleak. What have we allowed to happen?

[jpl]

We’re almost at 90% of GDP now, and will get there within the next couple of months or so.

[Terry Mross]

Your post brings up a good question. If a state seceeds would they not have to pay the USA a lot of money before they leave? Let’s face it, all the states got some of the stuff bought with the debt even though some states are “more equal than others”.

[Arrowhead1952]

But, but, but, it’s for the children..

[demshateGod]

What’s the world going to do when they don’t have the U.S. to blame all their troubles on?