Contact Us

Apple Has More Cash Than U.S. Government – America’s Debt Crisis

American’s are understandably upset with the continuing bickering and petty politics that have lead to, and perpetuated America’s ‘debt crisis’.

If you and I handled our personal or business like our elected representatives, we’d be in deep trouble.

But wait until you hear this.

Jeff Sandquist,Flickr




Apple Corporation has more cash on hand the the U.S. Treasury! That’s right the world’s largest computer corporation has more cash on hand than the world’s largest economy.

Personally, I am flabbergasted that we can send man to the moon, build incredible infrastructure, but not be able to learn to live within a budget and manage our finances, like grownups do.

This is not some frat house here where only some of us contribute for the pizza and beer.

It’s time for Washington to get their collective heads on straight.

According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion at the end of the day yesterday.

Apple’s last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June.

In other words, the world’s largest tech company has more cash than the world’s largest sovereign government.

So what should we do about it?


So what should ‘we the people’ do about it?

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for @Work Network quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive @Work Network contests, events, coupons, presales, and much more delivered to you for FREE.