- Feb 12, 2007
- 59,384
- 24,019
- 2,290
"That figure would equal 90 percent of the estimated gross domestic product in 2020, up from 40 percent at the end of fiscal 2008. By comparison,America's debt-to-GDP ratio peaked at 109 percent at the end of World War II"
This is from the article
We're not in a World War right now.
War Time spending was specific to that effort, and ramped down once the war was over. Our current debt levels fuel permanently expanding Big Government - it's structural.
That's the difference and the danger - not that I expect you to understand it.