U.S. Debt Hits $36 Trillion—But How Much Does The Government Hold In Assets?

I was worried about the debt, but then I saw how much the government holds in assets. Now, I'm less worried.

Everybody talks about the Debt-to-GDP ratio, nobody talks about the Debt-to-Assets ratio.

Here’s Noah Smith:

Where the US stands:

• Annual Tax Revenue: $5 trillion

• Annual Spending: $7 trillion

• Total Debt: $36 trillion

• Total Assets: $200+ trillion

Put it in perspective:

• You make $60k/year.

• You spend about $71k/year.

• You have $74k of debt

• You are worth $414k (hou…