Campfire Blog

America’s Per Capita Debt Worse Than Greece

Something we might want to consider

Senator Jeff Sessions, ranking member of the Senate Budget Committee, sent this chart over to the Weekly Standard. I propose a government program to educate our government on what is happening in Greece right now.

  1. nyp

    why is it that countries such as Ireland, Spain and Portugal, with very low debt ratios and low tax rates, are among those countries most greatly affected by the Euro crisis?

  2. nyp

    Interesting that you left out Germany. Its per capita debt is higher than that of the U.S. Yet its economy is strong. Why do you think that is? Could it be that per capita debt has very little to do with the Euro crisis?

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