Another Economic Comparison

There has been much talk about the national debt the last few years. Personally, I believe that it needs to be reduced, or at least its growth must slow. Even more-so with the recent fall of the dollar on the currency markets. We also need to look at it in perspective though. It terms of our economy we do not have a record national debt, in fact we are not even close.

Public debt in relation to a country's GDP

France: 68.8% of GDP (2004 est.)
Germany: 64.2% of GDP (2004 est.)
Canada: 77% of GDP (2004 est.)
Italy: 106.4% of GDP (2004 est.)
Japan: 154.6% of GDP (2004 est.)
US: 62.4% of GDP (2004 est.)

http://www.cia.gov/cia/publications/factbook/