US not the only one spending themselves into oblivion

Posted by $ blarman 10 years, 10 months ago to Government
27 comments | Share | Flag

Russia is following at least one policy of Barack Obama...

All Comments

Previous comments...   You are currently on page 2.
  • Posted by $ blarman 10 years, 10 months ago in reply to this comment.
    Yes, which is really scary. You can't live beyond your means indefinitely - even if you're a government.
    Reply | Permalink  
  • Posted by CircuitGuy 10 years, 10 months ago
    "The government there has racked up debt equal to 144 percent of its revenue"
    Isn't US debt in the 12 trillion range. Our tax revenues are in the 4 trillion range.

    Doesn't that mean the US gov't here has racked up a debt equal to about 300 percent of its revenue?
    Reply | Permalink  

  • Comment hidden. Undo