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National debt of the United States (view source)
Revision as of 22:38, September 1, 2007
, 22:38, September 1, 2007→Debt to GDP Ratio: more recent data
==Debt to GDP Ratio==
==Debt to GDP Ratio==
Instead of measuring an absolute number, the Debt to GDP ratio is the measurement of the national debt as a percentage of the gross domestic product. It is a measure of the debt in relation to the economy and of our capacity to carry and repay debt. The US Debt to GDP ''ratio'' is getting smaller, as the US economy is growing faster than the debt. This has not always been the case. <ref>http://www.optimist123.com/optimist/</ref>
Instead of measuring an absolute number, the Debt to GDP ratio is the measurement of the national debt as a percentage of the gross domestic product. It is a measure of the debt in relation to the economy and of our capacity to carry and repay debt.<ref>[http://www.optimist123.com/optimist/2005/01/national_debt_b.html National Debt burden: Full history] 29-Jan-05 </ref> The US Debt to GDP ''ratio'' is getting larger, as the US economy's debt is growing faster than the GDP.<ref>Steve McGourty [http://www.cedarcomm.com/~stevelm1/usdebt.htm United States National Debt (1938 to Present)]May 6, 2007 </ref> This has not always been the case.
==References==
==References==