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Political Factoid
In 2011, the U.S.
debt-to-GDP ratio
was 350% ...
while the typical
American homeowner
had a debt-to-income
ratio of at least 400%.
It is okay for homeowners, corporations,
and Republicans-under-Bush to go
into debt, but not the government
under Democrat Barack Obama,
... according to the right-wing
conservatives.
cf.
1993,
1911,
17816
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