Gross Federal Debt as a % of GDP

In light of yesterday’s charts on US debt (Who Does the US Owe Money To?), let’s take a quick look at two more, via Ron Griess of The Chart Store:

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When ever I see an econ chart with “Gross” in the title, I cannot help but remember an All in the Family, when Archie Bunker was fighting with Meathead, he defend the nation’s honor by¬† saying “The US of A has the highest standard of living! The grossest national product!

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