Re: What is the asset:debt ratio in the US?


Sgt.Sausage wrote:

Don't mean to hijack your thread, but I'd like to see the same for
the Federal Government. We're (as a government) somewhere
near $8,000,000,000 in debt right now. On the other side of the
equation, we *own* things -- national parks, highway systems,
military bases, F16s, real estate, and whatnot.

Would there be anywhere to find this info on a .gov site? What
is the current Federal Govt. asset:debt ratio? I'd guess that we're
sitting on quite a pile of assets, but does it make up for an 8 trillion
dollar debt?

I was able to find an estimate of $330 billion (1996 dollars) for the
Interstate Highway system, so there is the possiblity, that assets
might add up to a reasonable amount, but good accounting principles
aren't usually applied to government.

--
Ron

.

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