The U.S. debt, which has jumped 55 percent under President Obama, is now so high that if working Americans had to pay their full share, the bill would be over $123,000, according to a new Harvard University Institute of Politics study of the nation’s empty bank accounts.
The school's fiscal 2012 Annual Report of the USA, which examines the federal budget, put the total debt at $16.7 trillion. But that's such a big number that the student authors tried to put it in perspective.
For example, that $16.7 trillion, which would go up under Obama’s debt ceiling plan the House and Senate are considering, is equal to:
– About $53,000 per every inhabitant of the United States, including children and the unemployed
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3 comments:
So I guess that Obama saying he cut the deficit in half is because they are using new Common Core math....
Soooo, all you scumbag leaches out there that keep voting for your free ride, feel good about it?
So....where is the goof who said "the system is working"? maybe he should speak with the guy who said "the math doesn't work and they ALL know it". He was referring to the imminent collapse of the American dollar. When you print $80 BILLION dollars each month, every month, sooner or later other people begin to realize it isn't anything but dirty paper. WORTHLESS dirty paper. When (not IF...) that happens, you better be one of the people who've been buying and stocking up on food, water, medical supplies, guns, and ammunition. Or you'll be a victim. One of many millions.
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