Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

The Japan bar chart is harder to understand. They are the #1 or #2 holder of our debt yet they appear to have the greater mational debt per GDP . GDP includes government deficit spending BTW, so it’s not a great indicator.

This deficit debt commission was set up to defend democrat’s spending and raise revenues for it.


10 posted on 07/13/2010 7:12:05 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
[ Post Reply | Private Reply | To 8 | View Replies ]


To: sickoflibs

Most of Japan’s debts are held by their own citizens ( close to 90% I think ). A significant portion of American debt on the other hand, is held by foreigners ( China and Japan being the largest holders ).


11 posted on 07/13/2010 7:14:52 AM PDT by SeekAndFind
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson