[End The Hypocrisy]

>>>Most Americans would love it if their debt was just 17% of their yearly salary.<<<


Actually our debt's approaching 70% of our GDP, and the percentage may even be higher if you disagree with the CIA's (inflated) assessment of what our national debt is:

http://www.cia.gov/cia/publications/factbook/geos/us.html#Econ

[John Lenin]

70% ? And if you believe that.

[Willie Green]

Most Americans would love it if their debt was just 17% of their yearly salary. The debt is nothing to be afraid of at 17% of GDP,

The correct "salary" analogy would be to compare the National Debt to federal revenues, not GDP.

If you want to compare to GDP, one would have to add all forms of private debt to the National Debt. In other words, the sum total of corporate debt, consumer debt, home mortgages, debts incurred by state and local government, etc. etc.

I'm not sure where to find that statistic.

[John Lenin]

GDP:
Definition Field Listing
purchasing power parity - $10.082 trillion (2001 est.)

Our debt is almost 7 Trillion. Debt payments are at 17%

Translation: You make 100k and your yearly debt payments are 17k.

That is not 70%, got that ?