lets have a rational discussion about us debt, page-37

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    make sure you click on the button in the top right hand corner of the debt clock

    this changes the figures dramatically
    otherwise you will get a "year to date" figure
    not the total year figure

    guess what debt to gdp is

    us national debt $12,382,139m
    gdp $14,274,851m

    debt/gdp=86%

    interestingly $659,679m is spent on defense
    doing some back of envelop calculations

    you could halve that to $300,000m a year and put the money into reducing debt and quess wot?

    the us would be debt free in 41 years

    also if total revenue from taxes is $4,455,524m
    if you were to raise taxes by 10% the government could raise another $450,000 m per year

    add the cut to defense to that you get
    $750,000 m
    use that to pay off the debt
    and the US would be debt free in 16 years


 
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