News for hackers. Stuff that matters.

A comment on Blowing the Whistle on the Mortgage Bubble. Parent comment

Re:Blowing the Whistle on the Mortgage Bubble by mseebach on Friday January 25, 2013 @10:17AM (#5115771)
Krugman is as "somewhat hyperbolic" as the GP. In fact, the GP qualifies his theories with "I think", Krugman states them as fact.
[ Parent | on HN ]
Re:Blowing the Whistle on the Mortgage Bubble by digitalengineer on Friday January 25, 2013 @10:32AM (#5115838)
Just curious: Does the debt number include unfunded liabilities for social security, medicare, etc?
[ Parent | on HN ]
Re:Blowing the Whistle on the Mortgage Bubble by mseebach on Friday January 25, 2013 @10:42AM (#5115888)
No, "public debt" is at 73%, including "intragovernmental holdings" (social security etc) it's at 105%

See here: https://en.wikipedia.org/wiki/United_States_public_debt#Meas... and refer to the first paragraph of the article of a definition of the two debt types.

[ Parent | on HN ]