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Monday, August 05, 2024

Analysis: Federal Fiscal Burden Consumes 93 Percent of America’s Wealth

Based on data from a U.S. Treasury report, the federal government has amassed $142 trillion in debts, liabilities, and unfunded obligations. This staggering figure equals 93% of all the wealth Americans have accumulated since the nation’s founding, estimated by the Federal Reserve to be $152 trillion.
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4 comments:

  1. So they're holding out for the last 7%? We still have time...

    ReplyDelete
  2. The Federal government needs us. We don't need the Federal government.

    ReplyDelete
  3. The federal government is a burden that has no legitimate value for 99% of Americans
    JD

    ReplyDelete
  4. Maybe I'm jumping to conclusions, but it sounds like this business is fucked.

    ReplyDelete

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