When a nation’s debt exceeds 60 percent of its GDP, its growth rate slows precipitously, the study found. When that ratio exceeds 90 percent, nations’ economies barely grow, and can even contract.
The U.S. national debt is at roughly 84 percent of the country’s GDP, and it’s projected to cross the authors’ 90-percent threshold late this year or early next year.

mcclatchydc.com

get ready for permanent 8% unemployment….BO and the dems are either incredibly stupid and arrogant or this situation is intentional…I believe it’s intentional