Break-down of our National Debt – in real time.
Sweet – and horrifying.
Current tally: $39,000 per citizen (every man/woman/child), or currently $111,500/taxpayer – meanwhile savings are at $1300/citizen. This means that if we accrued absolutely NO more debt, bought nothing else, and just put our total earning towards paying for the debt, most people would have to work 2-5 years towards paying off just their part.
You tell me if we’re in trouble…