Comparing US State GDPs with countries.

[Kantor]

SamuelRSmith said:

Kantor said:

disolitude said:

lol...that was pretty fun. USA is a GDP beast.

Its a shame that the national debt is now bigger than the GDP for a whole year. Basically USA and every citizen has to work for a whole year for free to pay it off...

Here is a fun fear mongering site - http://www.usdebtclock.org/

But USA is not as bad as some other countries, like Japan or Greece...

Your public spending is $3.5 trillion?!

That's $10,000 per capita.

Britain's public spending is about £8500, or $13,400.

You're nearly as high as us.

I'm beginning to understand the Tea Party's popularity. We have to charge 61% top-rate tax to make up for our spending...

A table you might find interesting:

Source: http://www.adamsmith.org/tax-freedom-day/

Basically, this year, the average worker will have to work until May 30th before he's paid off the tax man, 3 days longer than last year (the extra three days come from the VAT increase).

And to think, the Tories were elected because they were supposed to cut taxes and spending.

And yet, they're increasing tax, and even increasing funding in quite a few moneysink areas (form-filling in the NHS, green targets, the EU and international development...)