Epistemic Ingemination

:: Art, Science, Politics, Humor, Geekery: Randy Kirchhof's Weblog

NOTE: this blog is no longer active as of 12/07. New one: http://blog.kirchhof.com

Quidquid latine dictum sit, altum viditur.

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Wed, 15 Mar 2006

Just A Reminder

The estimated net worth of American families is slightly over $47 trillion, and nearly all of it -- 90 per-cent -- would be needed to cover government's current obligations. And don't think we can grow our way out of this hole. According to the GAO, it would take real double-digit growth over the next 75 years to pay off our current debt--an impossible task, considering that the growth rate during the 1990s boom years averaged just 3.2 percent.

Oh, by the way, that was written a year ago.

Posted at 12:43 by Randy Kirchhof   [Permalink]   [Reload all]   [E-mail]


When Blue Monday Isn't Enough

Heh. Turn the sound up, and make your own blues. Perfect.

Posted at 11:50 by Randy Kirchhof   [Permalink]   [Reload all]   [E-mail]