US debt six times greater than declared
The United States has accumulated over $70 trillion in unreported debt, an amount nearly six times the declared figure, according to a new study by University of California-San Diego economics Professor James Hamilton.
http://is.gd/zzEksT
California economist says real US debt $70 trillion
The federal government has been low-balling the public for years on how much debt it actually has, a University of California, San Diego economics professor says, adding that the real amount is $70 trillion, not $16.9 trillion.
http://is.gd/m39KEf
From Information Clearing House
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=federal+government
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
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http://is.gd/zzEksT
California economist says real US debt $70 trillion
The federal government has been low-balling the public for years on how much debt it actually has, a University of California, San Diego economics professor says, adding that the real amount is $70 trillion, not $16.9 trillion.
http://is.gd/m39KEf
From Information Clearing House
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=federal+government
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
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Starmail - 7. Aug, 09:10
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