National Debt And Our Gross Domestic Product

As an addendum to this post, Deficit Commission And Debt Ceiling Sleight Of Hand, below is a picture that ought to get your attention. It was a major factor in the mid-term elections. Believe it, or not.

No matter the spin about spending out there, our national debt has now surpassed, or on its way to soon surpass, our GDP. Put simply, we’re spending, and continue to spend, more than we make.

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