Obama’s Mouth Waters in Envy as France Socialists Pass 75% Tax Rate on Millionaires
Obama’s Mouth Waters in Envy as France Socialists Pass 75% Tax Rate on Millionaires
Archive of posts tagged public debt
Treasury: U.S. Borrowing Over 100% of GDP After Debt Ceiling Increase
The debt ceiling increase has helped raise our borrowing over 100% of GDP for the first time since 1947! “The last time US debt topped the size of its annual economy was in 1947 just after World War II. By 1981 it had fallen to 32.5 percent.” We are now borrowing $14.58 trillion, with a …
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