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Joined on 12/12/2011

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Smart SpendingCOMMENT

Household debt almost equals GDP

The federal govt's income comes from the households in the article.  Most households get their income from productive employment.  The federal govt's debt actually belongs to the households, so don't be catty referring to the "much maligned" federal government.  The govt also continues to borrow 40% of every dollar it ...more
12/12/2011
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