Objectivism in life and thought

Politics. Elections and Democracy. Economics /Business /Finance

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Debt or Poker Chips?

Debt or Poker Chips?

Sidebar article to: "America's Deficit Culture"

December 2011 -- Is U.S. government debt really hitting 100% of GDP soon? Or is the debt level actually closer to 65% of GDP at the end of 2010, as the Commission on Fiscal Responsibility and Reform reports?

The answer is: yes.

Sidebar: Debt or Poker Chips?

Sidebar: Debt or Poker Chips?

Winter 2010 -- Is U.S. government debt really hitting 100% of GDP soon? Or is the debt level actually closer to 65% of GDP at the end of 2010, as the Commission on Fiscal Responsibility and Reform reports?

The answer is: yes.