💢 US national debt climbs to $300,000 per household
The US debt binge is leaving Americans with a staggering bill.
The US national debt has reached the equivalent of a record $300,000 per household, while debt per citizen has exceeded $100,000, according to analytical data reviewed by Sputnik.
Total borrowings stand at $40.444 trillion, after surpassing $40 trillion on August 18 and adding more than $400 billion since, per the US Treasury
Public debt now exceeds 127% of US GDP
The calculations are based on a US population of 341.8 million and 134.8 million households.
The idea of translating the national debt into a figure per family dates back to 1989, when New York developer Seymour Durst unveiled the famous National Debt Clock near Times Square.
At the time, US debt stood at roughly $2.7 trillion.
Subscribe @NewResistance
💢 US national debt climbs to $300,000 per household The US debt binge is leaving Americans with a st
Xoaquin Flores - New Resistance
@NewResistanceXF LIVESTREAM - OSINT political technologist - veteran consultant, XF Comedy may be exceedingly dry. I am not a public figure. All IP rights reserved on all mediums patreon.com/JoaquinF <— support the work @XoaquinFiores - contact
28,339 subscribers
Open in Telegram