re: #217 RogueOne
We’re at that point, worried yet? The last numbers I can find are for 2008 and the number was 8%. Currently our debt is running at almost 90% of GDP making Reagan (65%) look like a skin-flint.
and when ronald reagan put us in a worse financial situation than we are in now, republicans didn’t yell and scream about a crisis, and, in the event, nothing really bad happened
so be consistent, please
the percentage of debt relative to gdp is an interesting number, but it is the debt service that we pay for. i don’t know of any time in recent american history that the total debt has been paid down one penny - the only time this has been even discussed was after bill clinton’s tax increases helped to put us in a position to think about it