by Summary:
It’s the good oooolld “govt as business!” art degree analogy by this person who I guarantee does not even know what Basis of Accounting the US govt uses…. GUARANTEED… lock it…Would you invest in this business?Total debt: trillionAssets: .8 trillionAnnual revenue: .9 trillionAnnual Income: .4 trillion LossThis is the US Government.— Genevieve Roch-Decter, CFA (@GRDecter) January 19, 2023
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It’s the good oooolld “govt as business!” art degree analogy by this person who I guarantee does not even know what Basis of Accounting the US govt uses…. GUARANTEED… lock it…Would you invest in this business?Total debt: trillionAssets: .8 trillionAnnual revenue: .9 trillionAnnual Income: .4 trillion LossThis is the US Government.— Genevieve Roch-Decter, CFA (@GRDecter) January 19, 2023
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Mike Norman considers the following as important:
This could be interesting, too:
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It’s the good oooolld “govt as business!” art degree analogy by this person who I guarantee does not even know what Basis of Accounting the US govt uses…. GUARANTEED… lock it…
Would you invest in this business?
Total debt: $31 trillion
Assets: $4.8 trillion
Annual revenue: $4.9 trillion
Annual Income: $1.4 trillion Loss
This is the US Government.
— Genevieve Roch-Decter, CFA (@GRDecter) January 19, 2023