Forget Debt As A Percent Of GDP, It's Really Much Worse

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The concept of debt is greatly debated across the country and there are many different decisions regarding the amount of debt, is it important, and if so how to solve it. Gross Domestic Product also called GDP, is the measure of the total amount of all goods produced in a country each year. One problem with GDP is that the government does not have access to the national income. Another problem is debt. Debt for most families is three times their annual earnings. Some of the most popular types of debt for families are credit card and student loan debt. The article “Forget Debt As A Percent Of GDP, It's Really Much Worse” author Jeffrey Dorfman thinks that the President and Congress need to repair the government's finances. One thing that Dorfman