U.S. Debt Tops 100% of GDP

So much winning.

So this headline popped up today.

An image containing text and a photograph from The Wall Street Journal. At the top of the image is the headline "THE WALL STREET JOURNAL." Below the headline is the text "U.S. ECONOMY" and the article title "U.S. Debt Tops 100% of GDP." This is followed by a short paragraph of text that reads: "Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S." Below this text is a photograph of people walking down a wide set of outdoor concrete stairs, with the dome of the U.S. Capitol building in the background against a cloudy, grey sky. A person in a blue jacket is in the foreground, and other people are further up the stairs. A caption below the photograph says: "The government is spending $1.33 for every dollar it collects in revenue. PHOTO: SAMUEL CORUM/GETTY IMAGES"

So much winning. My grandkids’ grandkids will be paying this off. And I’m guessing the Strait of Hormuz will be the world’s most lucrative toll. At least there will be a new ballroom.

But, hey, it’s only money right? (Actually it’s not. But that’s a story for another day.

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above. This site does not use affilate links. 

 

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Author: Warner Crocker

I stumble through life as a theatre director and playwright as well as a gadget geek...commenting along the way. Every day I learn something new is a good day, so I share what I find exciting, new, stupid and often worthwhile.

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