Archive for September 20th, 2012

U.S. Debt Bigger than GDP

Thursday September 20th, 2012   •   Posted by Craig Eyermann at 6:15am PDT   •   5 Comments

Terrence Jeffrey of reports: According to the most recent official estimate by the federal Bureau of Economic Analysis, the Gross Domestic Product for 2012 will be $15.6061 trillion–or about $440.5 billion less than the $16.0466 in debt that the federal government had accumulated as of the close of business on Monday. In other…
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