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U.S. Debt Now $136,260 Per Household—Up 50% Under Obama

Posted By yihan On September 5, 2012 @ 9:44 am In Money Watch | Comments Disabled

Terence P. Jeffrey
CNSNews.com [1]
Wednesday, September 5th, 2012

The U.S. government debt, which topped $16 trillion for the first time at the close of business on Friday, now equals approximately $136,260 for every household in the country.

Just since President Barack Obama was inaugurated on Jan. 20, 2009, the debt has increased by $45,848 per household—or about 50 percent per household.

As of Friday, the debt was 16,015,769,788,215.80. According to the Census Bureau, there were approximately 117,538,000 households in the country in 2010. Thus, the current debt equals about $136,260 per household.

Full story here. [1]


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URL to article: http://www.prisonplanet.com/u-s-debt-now-136260-per-household%e2%80%94up-50-under-obama.html

URLs in this post:

[1] CNSNews.com: http://cnsnews.com/news/article/us-debt-now-136260-household-50-under-obama

[2] U.S. Government’s Foreign Debt Now $47,495 Per Household: http://www.prisonplanet.com/u-s-governments-foreign-debt-now-47495-per-household.html

[3] $5.8T: Obama Increased Debt $50,521 Per Household in First Term; More Than First 42 Presidents in 53 Terms Combined: http://www.prisonplanet.com/5-8t-obama-increased-debt-50521-per-household-in-first-term-more-than-first-42-presidents-in-53-terms-combined.html

[4] Black Friday: Treasury Borrowed $211.69 Per U.S. Household on Day After Thanksgiving: http://www.prisonplanet.com/black-friday-treasury-borrowed-211-69-per-u-s-household-on-day-after-thanksgiving.html

[5] Boehner’s House Has Increased Debt $18,944 Per Household: http://www.prisonplanet.com/boehner%e2%80%99s-house-has-increased-debt-18944-per-household.html

[6] 4 Yrs at Private College = $130,468; Median-Priced Existing Home = $173,100; U.S. Debt Per American Under 18 = $218,676: http://www.prisonplanet.com/4-yrs-at-private-college-130468-median-priced-existing-home-173100-u-s-debt-per-american-under-18-218676.html

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