Apple has more cash than the US Gov

By Ryan Bethea | 283 days ago

BusinessInsider.com posted an article today that showed Apple corporation having more cash on hand then the US Government. Nice going iTunes.

The end of the article is priceless. ”Apple collects more money than it spends, the US Government does not”. I think that pretty much sums up our current fiscal situation. As a shareholder in the US Government, I am not pleased with the results. I saw the Reid and Boehner plans to handle the debt, now I want to see the “Apple Plan.”

The image below sums up the U.S. deficit (source: http://usdebt.kleptocracy.us/)

The large stack of $ that dwarfs an 18-wheeler is the U.S. deficit by the end of the year - Yikes!

Posted in Infographic, Socialnomics | Tagged Apple more money than government | 3 Responses

Ryan Bethea

Ryan is the Chief Connecting Officer for Socialnomics, enjoying a special passion for startups, politics and technology. As a consultant Ryan helps organizations leverage digital and offline channels to build meaningful and effective relationships.

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Comments

comments

3 responses to “Apple has more cash than the US Gov”

Bobby
August 6, 2011 at 10:32 am | Permalink | Reply

the us gov. has so much debt
Incasso
August 5, 2011 at 6:25 am | Permalink | Reply

Very nice website! Thanks!