Economy Grew At Just 1.5% Rate In 2nd Quarter, Nation Added $2.33 In Debt For Every $1 In GDP
Meanwhile, per Zero Hedge, America added $2.33 in national debt for every $1.00 in GDP in this same time period:
Visit the Zero Hedge link for a graphical representation of debt growth outpacing GDP growth. Our debt is now worth more than our entire economy.
But we just have to tax the rich, right?Tags: Economy, jobs, national debt