The national debt is approaching 100% of GDP

According to the Department of Commerce, Bureau of Economic Analysis, the United States Gross Domestic Product, annualized, at the end of the third quarter of 2011, was $15,198.6 billion; according to the US Debt Clock, the United States national debt is $15,003.4 billion. So, our national debt isn’t 100% of GDP, yet, it’s only 98.72% …

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