America's debt-to-GDP ratio isn't as bad as its citizens' (user search)
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  America's debt-to-GDP ratio isn't as bad as its citizens' (search mode)
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Author Topic: America's debt-to-GDP ratio isn't as bad as its citizens'  (Read 2555 times)
🐒Gods of Prosperity🔱🐲💸
shua
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« on: January 15, 2013, 11:04:51 PM »
If you include entitlement and trust fund obligations, that number is just above 100%.
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,688
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #1 on: January 16, 2013, 08:10:38 PM »
Quote from: memphis on January 16, 2013, 12:07:57 PM
Quote from: shua on January 15, 2013, 11:04:51 PM
If you include entitlement and trust fund obligations, that number is just above 100%.
The trust funds are equally credits and liabilities that cancel each other out.

What do you mean?  The Highway Trust Fund runs deficits all the time and has to be bailed out by the general fund.  But that's nothing compared to the Social Security Trust Fund, which has already committed to spending trillions of dollars more over the next few decades than it can be expected to bring in.
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