after looking at the facts again using the us debt clockthis is...

  1. kennethgalbraith
    13,980 Posts.
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    08/02/10
    13:46
    Post #: 6301725
    after looking at the facts again using the us debt clock

    this is after using the "real time" button in the top right hand corner

    look at this figure

    the interest bill for gov debt = $387,878m

    now have look at this figure

    total government revenue = $4,455,559m

    revenue from taxes/interest = 114


    now that means that the US government can cover the interest bill on its $12trillion debt by .... now get this
    114 times!!!!!!

    and people worried that the government would default on a loan

    what a joke
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    lightbulb Created with Sketch.  Great analysis
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