BartBlog

July 1, 2008

YOUR SHARE OF THE NATIONAL DEBT

Filed under: Uncategorized — kerry @ 12:13 pm

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Your share of the national debt: $30,000

Strained government resources puts total at $9.13 trillion

The US National debt has reached a record new high of $9,000,000,000,000.00. (It would be too easy to just say $9 trillion, you have to make the reader count the zeros so it looks bigger). There are about $300 million US citizens, meaning every man woman and child owes $30,000.

Your share of the national debt: $30,000  AND GROWING!

Strained government resources puts total at $9.13 trillion

By Tom Raum
Associated Press

WASHINGTON, D.C. — Like a ticking time bomb, the national debt is an explosion waiting to happen. It’s expanding by about $1.4 billion a day — or nearly $1 million a minute.

What’s that mean to you?

It means almost $30,000 in debt for each man, woman, child and infant in the United States.

Even if you’ve escaped the recent housing and credit crunches and are coping with rising fuel prices, you may still be headed for economic misery, along with the rest of the country. That’s because the government is fast straining resources needed to meet interest payments on the national debt, which stands at a mind-numbing $9.13 trillion.

http://www.pantagraph.com/articles/2007/12/03/news/doc4753be07ad102356980869.txt 

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