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To: SeekAndFind; FatherofFive

The only difference between these @$$h@t$ and group of drunken sailors, is that the sailors are forced to quit when they run out of money


14 posted on 12/27/2011 9:11:08 AM PST by verga (We get what we tolerate and increase that which we reward)
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To: verga

Assuming that state/local debt remains at 20 percent, and GDP remains flat this year this brings it up to 129 percent of GDP when all are combined.

This exactly matches the peak in 1946. The combined federal debt of 109 percent is slightly above the peak of 102 percent. Again, this assumes no change in the GDP.


16 posted on 12/27/2011 9:19:51 AM PST by BenKenobi (You know, you really need to break free of that Catholic mindset.- metmom)
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