3 ms·
>> $1000 a person isn't even that much - each citizen of the USA would have to pay $35,462.89 to cancel out the country's national debt. This is mixing apples
by miked 18y ago
>> $1000 a person isn't even that much - each citizen of the USA would have to pay $35,462.89 to cancel out the country's national debt.
This is mixing apples and oranges. The $1,100 deficit is this year's deficit. The US's $35K/person is total accumulated.
>> i'd much rather bail out states than corporations.
Why bail out any of them? Whatever is subsidized you get more of. Bailouts will lead to even more fiscal irresponsibility.