​Federal Fiscal Burden Consumes 93% Of America’s Wealth – Tyler Durden

Federal Fiscal Burden Consumes 93% Of America’s Wealth Authored by James D. Agresti via The Epoch Times (emphasis ours), Based on data from a U.S. Treasury report, the federal government has amassed $142 trillion in debts, liabilities, and unfunded obligations. This staggering figure equals 93 percent of all the wealth Americans have accumulated since the nation’s founding, estimated by the Federal Reserve to be $152 trillion. The U.S. Capitol building is seen at sunrise in Washington on July 31, 2023. (Madalina Vasiliu/The Epoch Times) Unlike other measures of federal red ink that cover an arbitrary period, extend into the infinite…  — Continue at ZeroHedge News : Read More