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Posted on 06 December 2009 by Siddhi Sharma
Posted on 06 December 2009 by Siddhi Sharma
Concerning The Daily Progress editorial column of 27th November (“Debt remains a grave danger”):
The 1st verdict says, “Govt. debt has two folded in the previous 2 years alone, to USD12 trillion.” No it has not. On 25th November 2007, govt. debt was USD9.1 trillion, as per to the treasurydirect.gov or treasury direct. Doubling-up it in 2 years would signify it would have to be USD18.2 trillion at the present.
Read more on Govt. Debt was USD9.1 Trillion, According to Treasurydirect.Gov…