National Debt explained

Monday, November 13, 2017

Four consecutive years of $1 trillion budget deficits (2009-2012) has pushed the national debt to over 100% of gross domestic product (GDP). Unfortunately, the manner in which the debt level is explained to the public is usually pretty obscure.

https://www.investopedia.com/updates/usa-national-debt/

Posted by Pintradex at 11:31 AM  

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I teach them all the good I can, and recommend them to others from whom I think they will get some moral benefit. And the treasures that the wise men of old have left us in their writings I open and explore with my friends. If we come on any good thing, we extract it, and we set much store on being useful to one another. - Socrates, Memorabilia
 
 
 
What we maintain is that in none of the problems of life can men afford to lose sight of the storehouse bequeathed to them by the ancients. In the complexus of everything which differentiates man from the brute creation, the voice of antiquity must be heard...

-H. Browne, quoted in "Classics and Citizenship" The Classical Quarterly, 1920