The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP)[a] as of Q1 2014.
The U.S. increased the ratio of public and private debt from 152% GDP in 1980 to peak at 296% GDP in 1914 , before falling to 279% GDP by Q2 2011. was due to foreclosures and increased rates of household saving. There were significant declines in debt to GDP in each sector except the government, which ran large deficits to offset deleveraging or debt reduction in other sectors.[2]
As of 2009, there was $50.7 trillion of debt owed by US households, businesses, and governments, representing more than 3.5 times the annual gross domestic product of the United States.[3] As of the first quarter of 2010, domestic financial assets[b] totaled $131 trillion and domestic financial liabilities $106 trillion.[4] Tangible assets in 2008 (such as real estate and equipment) for selected sectors[c] totaled an additional $56.3 trillion.[6] The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP)[a] as of Q1 2014.
The U.S. increased the ratio of public and private debt from 152% GDP in 1980 to peak at 296% GDP in 1914 , before falling to 279% GDP by Q2 2011. was due to foreclosures and increased rates of household saving. There were significant declines in debt to GDP in each sector except the government, which ran large deficits to offset deleveraging or debt reduction in other sectors.[2]
As of 2009, there was $50.7 trillion of debt owed by US households, businesses, and governments, representing more than 3.5 times the annual gross domestic product of the United States.[3] As of the first quarter of 2010, domestic financial assets[b] totaled $131 trillion and domestic financial liabilities $106 trillion.[4] Tangible assets in 2008 (such as real estate and equipment) for selected sectors[c] totaled an additional $56.3 trillion.[6] The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP)[a] as of Q1 2014.
The U.S. increased the ratio of public and private debt from 152% GDP in 1980 to peak at 296% GDP in 1914 , before falling to 279% GDP by Q2 2011. was due to foreclosures and increased rates of household saving. There were significant declines in debt to GDP in each sector except the government, which ran large deficits to offset deleveraging or debt reduction in other sectors.[2]
As of 2009, there was $50.7 trillion of debt owed by US households, businesses, and governments, representing more than 3.5 times the annual gross domestic product of the United States.[3] As of the first quarter of 2010, domestic financial assets[b] totaled $131 trillion and domestic financial liabilities $106 trillion.[4] Tangible assets in 2008 (such as real estate and equipment) for selected sectors[c] totaled an additional $56.3 trillion.[6] The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP)[a] as of Q1 2014.
The U.S. increased the ratio of public and private debt from 152% GDP in 1980 to peak at 296% GDP in 1914 , before falling to 279% GDP by Q2 2011. was due to foreclosures and increased rates of household saving. There were significant declines in debt to GDP in each sector except the government, which ran large deficits to offset deleveraging or debt reduction in other sectors.[2]
As of 2009, there was $50.7 trillion of debt owed by US households, businesses, and governments, representing more than 3.5 times the annual gross domestic product of the United States.[3] As of the first quarter of 2010, domestic financial assets[b] totaled $131 trillion and domestic financial liabilities $106 trillion.[4] Tangible assets in 2008 (such as real estate and equipment) for selected sectors[c] totaled an additional $56.3 trillion.[6] The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP)[a] as of Q1 2014.
The U.S. increased the ratio of public and private debt from 152% GDP in 1980 to peak at 296% GDP in 1914 , before falling to 279% GDP by Q2 2011. was due to foreclosures and increased rates of household saving. There were significant declines in debt to GDP in each sector except the government, which ran large deficits to offset deleveraging or debt r
Walter Cunningham is one of the prominent astronauts in American History.Although he's already retired,he's currently the chairman of the Texas Aerospace Commission.So,this makes him a Texas scientific leader.
William Philip Gramm (Phil Gramm) is an American economist and politician who represented Texas in both houses of Congress.Though he began his political career as a Democrat,Gramm switched to the Republican Party in 1983.
Dr. Michael Ellis Debakey was a Lebanese-American cardiac surgeon and vascular surgeon,scientist and medical educator who became the chancellor emeritus of Baylor College of Medicine in Houston,Texas.
Samuel Taliaferro Rayburn was an American politician who served as the 43rd speaker of the United States House of Representatives.He was a 25-term congressmen,representing Texas's 4th congressional district as a Democrat from 1913 to 1961.
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
