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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Sedohr Nod who wrote (87356)7/10/2010 10:37:55 AM
From: chartseer  Respond to of 224729
 
oh bummer! 94.27% of GDP! Only a estimate which means it may well be even higher. Move over greece here we come!

Don]t worry! Be happy!

the stupid hopeless comrade chartseer in the new era of deficits equalling Gross Domestic Product because of the ineptness of the chicago politicians in the white house running and ruining the nation and it's economy



To: Sedohr Nod who wrote (87356)7/10/2010 12:04:56 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 224729
 
National debt by U.S. presidential terms
en.wikipedia.org



To: Sedohr Nod who wrote (87356)7/10/2010 12:22:12 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 224729
 
As of July 5, 2010, the "Total Public Debt Outstanding" was approximately 90% of annual GDP, ($13.182 Trillion)

en.wikipedia.org

It was 83% when Obama took office. Not too bad considering he was handed the worst recession since the 1930s.