The Conservative Cave

Current Events => Politics => Topic started by: rich_t on August 04, 2011, 06:15:45 AM

Title: US borrowing tops 100% of GDP
Post by: rich_t on August 04, 2011, 06:15:45 AM

Quote

US debt shot up $238 billion to reach 100 percent of gross domestic project after the government's debt ceiling was lifted, Treasury figures showed Wednesday.

http://news.yahoo.com/us-aaa-rating-still-under-threat-204040123.html

That sure didn't take long.

Well, there's the default this abortion of a bill was supposed to stave off right?

Title: Re: US borrowing tops 100% of GDP
Post by: rich_t on August 04, 2011, 04:51:40 PM

Just print more money.

That will fix everything.