Linked by David Adams on Fri 29th Jul 2011 03:15 UTC
In the News Apple is now more liquid than the United States government, the Financial Post reports. As the government struggles to resolve the debt ceiling debate, the operating balance in Washington is at US$73.768 billion and falling. Meanwhile, Apple has US$75.876 billion.
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75 billion
by Almafeta on Fri 29th Jul 2011 08:41 UTC
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If we taxed that at the rate we used to (c. 1960 rates), we wouldn't have a deficit now.

And if we spent the biggest unit in the deficit (right now and for the next ten years or so, paying our expenditures of the Iraqi/Afghan wars) and put that into science and education and infrastructure, we might have enough of a science- and engineering-based culture to by today have options other than Windows and Apple for our computers, Google and Apple for our phones, and more than one internet/cable provider per city.

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