US government's debt.
Everett Dirksen must be effing spinning in his grave.
1,000,000,000,000 times 20.
13 zeros, folks.
GDP was estimated at 14.4 trillion for 2008. So, the debt is currenlty less than one year's worth of GDP, but still.
The debt to GDP ratio is also very similar to that of Western Europe, so we are also not unique, but still.
Skew me to the right on this issue, I wish we had more budget hawks in DC and our state capitals.
20 trillion dollars.
When does PayGo start?
Maybe the best way to handle this would be to induce hyper-super-duper-ultra-hyper inflation to make the debt worth less, then pay it off with crap currency. Then, start fresh.
Of course, for some, this deficit is only the latest sure sign that the government wants to take their guns away!
Too bad we all missed the rapture, eh? I'll miss both those people.