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

To: Blood of Tyrants

compare it’s debt to its gdp...

gdp: $103 billion (2013)
debt: $72 billion
per capita: $20,281 (3.55m people)

that puts their gdp to debt ratio around 1 : 1.43

meanwhile, for the US federal govt:

gdp: $17.7 trillion
debt: $18.3 trillion
per capita: $57,366 (319m people)

that puts its gdp to debt ratio around 1 : 0.96

the US federal government is in MUCH worse shape.

MUCH, MUCH worse.


23 posted on 06/29/2015 10:08:02 AM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: sten

I think you need to turn those last two numbers around.

Which is actually worse, but accurate according to those numbers.


24 posted on 06/29/2015 10:22:11 AM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
[ Post Reply | Private Reply | To 23 | View Replies ]

To: sten

If Liberals were honest, there would be a call to drag Paul Krugman out of house and “stone him to death” /Alec Baldwin

Giving money to the government so it can hire people to do bureaucratic make work that competes with capitalism and stifles economic growth has failed everytime it is tried (which is every time a progressive gets into a position of power.


26 posted on 06/29/2015 10:25:26 AM PDT by UNGN (I've been here since '98 but had nothing to say until now)
[ Post Reply | Private Reply | To 23 | 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