The composite totals of investment assets held internationally by USA government is staggering. Between local and Federal government, the total of liquid investment assets held Internationally as of 1998 was a conservative sixty (60) Trillion dollars. Come the year 2007 the collective totals topped a conservative (110) Trillion dollars.
"GROSS" INCOME of government is now 1/3rd "TAX" income and 2/3rds NON-TAX income derived from: return on INVESTMENTS and money generated from government Enterprise projects.
A country having surplus or investment assets is not a bad thing.
In fact, it shows that there is a responsible government, which ensures that future generations are not left holding the bill for spending by the current government/generation.
The investment assets of the US government pale in comparison to the wealth held by other sovereign funds.
http://www.swfinstitute.org/fund-rankings/
In an utopian world, the government at some point will have enough investments so that it doesn't have to tax its people.
