I'll venture to say that won't happen again.
It's estimated that the national debt will exceed 15 trillion by 2011- that exceeds 100% of the projected US Gross National Product (GNP). I'm no math expert, but that doesn't sound like a good thing.
Friday, January 8, 2010
Kewl Fact about Today
On January 8, 1835 under President Andrew Jackson, the US national debt was briefly ZERO.
It's estimated that the national debt will exceed 15 trillion by 2011- that exceeds 100% of the projected US Gross National Product (GNP). I'm no math expert, but that doesn't sound like a good thing.
It's estimated that the national debt will exceed 15 trillion by 2011- that exceeds 100% of the projected US Gross National Product (GNP). I'm no math expert, but that doesn't sound like a good thing.
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