I'm not kidding. At the top of the hour intro to Morning Edition they told listeners that the United States paid off its debt in 1835 and was debt free. It then added "too bad it only lasted for a year."

Most economists and analysts would evaluate the well-being of an economy and society by its per capita income, life expectancy, literacy rates and other such measures. NPR apparently uses the debt level of its government.

Leave your comments

Post comment as a guest

0
  • No comments found

GuideStar Exchange Gold charity navigator LERA cfc IFPTE

contact us

1611 Connecticut Ave., NW
Suite 400
Washington, DC 20009
(202) 293-5380
info@cepr.net

let's talk about it

Follow us on Twitter Like us on Facebook Follow us on Tumbler Connect with us on Linkedin Watch us on YouTube Google+ feed cepr.net rss feed