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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on December 21, 2011, 02:02:17 PM

Title: Great job Obama!!!! Official Debt / GDP ratio passes 100%
Post by: Soul Crusher on December 21, 2011, 02:02:17 PM

http://www.zerohedge.com/news/its-official-us-debtgdp-passes-100


Great job you Keynsian morons! 

Title: Re: Great job Obama!!!! Official Debt / GDP ratio passes 100%
Post by: howardroark on December 21, 2011, 02:04:01 PM

Econometric studies have shown that after the Debt/GDP passes 90%, a full 1% is knocked off economic growth each year. Over time, that 1% makes a world of difference.

Title: Re: Great job Obama!!!! Official Debt / GDP ratio passes 100%
Post by: Soul Crusher on December 21, 2011, 02:04:26 PM

Can someone tell me how much is enough for Obama to be convinced we are on the wrong track?