Immediately after a major natural disaster, relief flocks to the country in droves. The media turns their attention to what is happening on the ground, covering every minute detail of the event.
Donations & Disaster Relief
U.S. Public Finances: We’re Screwed!
By Adrian Ineichen In 2010, the US federal government will run a projected deficit of $1.556tr or about 10.8% of GDP. The total US federal public debt outstanding is currently $12.3tr or 85.3% of our GDP. Excluding federal intragovernmental holdings, but adding US state and local governments’ debt, we still owe $10.3tr or 70.9% of […]