I heard on the radio this morning that Americans now owe a cumulative $3 trillion ($3,000,000,000,000).
To get this into perspective, that's equal to the country's entire gross domestic product.
Only once before has the US national debt equalled GDP: in 1929.
To get this into perspective, that's equal to the country's entire gross domestic product.
Only once before has the US national debt equalled GDP: in 1929.
No comments:
Post a Comment