Government pisses away the entire GDP in five months
Bloomberg reports that since November, the government has spent, loaned, or guaranteed 12.8 trillion, an amount very close to one year’s GDP – one year of everyone’s income, or $42,105 for every man, woman, and child in America.
This entry was posted on Thursday, April 2nd, 2009 at 4:21 am and is filed under economics. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.