5th - 8th CCSS: Adaptable. Young mathematicians dive into the number line to discover decimals and how the numbers infinitely get smaller in between. They click the zoom button a few times and learn that the number line doesn't just stop at integers. Includes a...
It is clear that the difference between gross and net debt is very large for some countries. While Japan looks like an outlier in terms of gross debt, it is close to Italy and Greece when it comes to net debt.
(An aside: the national debt is made up of publicly held debt and money that the government owes to itself. Boehnerâs $16 trillion number is this âgross debtâ figure. About $11.5 trillion is public debt and the rest comes from bonds held by Social Security, Medicare and other trust funds.