Nation’s Debt 70 % of GDP

Thursday, 14 January 2010 | by Pat's Picks

Ready for a shock? New analyses put the nation’s debt at 70 percent of the GDP. Put another way, that’s about $40,000 for every American, and that doesn’t include the money states owe or the amount owed to individual creditors. USA Today says we haven’t had a level of debt this high since World War II.