Apple has more cash than the U.S. Government

As cultist Republican Congressman prepare to destroy the American economy today by refusing to raise the debt ceiling, they may want to consider this: According to daily statistics provided by the U.S. Treasury, the government actually has less cash on hand than the computer company Apple.

Businessinsider.com has an amazing article today. It explains that, as of yesterday, the United States of America has $73.8 billion of actual cash on hand laying around. Apple’s last earnings report indicates they have $76.2 billion in cash.

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: