US Debt a Whopping $1 Million per Family!

June 15, 2009
By 3 comments

Sorry, I hate to ruin your Monday.

A former official in the George H.W. Bush White House estimates that the bloated public and private debt in the US works out to $250,000 for every man, woman and child in the country.

David Walker, the former US Comptroller General, says that the federal debt level is approaching $55 trillion and if you add in the what is owed on the state and local levels — plus personal household debt — it adds up to $75 trillion in obligations.

How our government can continue along this path of spending and debt is beyond imagination. And they only want to make it worse by adding a public health care option. They’ve completely lost their minds. It looks like the only people with any skin in this game are the children, grandchildren and yet to be born children of America.

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3 Responses to US Debt a Whopping $1 Million per Family!

  1. Maggie Thornton on June 15, 2009 at 12:14 am

    This is how the plan to bring a giant like the U.S. to her knees. I’m convinced this is a plan.

    Like or Dislike: Thumb up 0 Thumb down 0

  2. Angrywhiteman on June 15, 2009 at 10:00 am

    …”I’m convinced this is a plan.”… And you are correct.

    Like or Dislike: Thumb up 0 Thumb down 0

  3. Sam Adams on June 15, 2009 at 4:19 pm

    Stockpile water and canned goods.

    Don’t forget the “second ammendment items” also!

    Like or Dislike: Thumb up 0 Thumb down 0


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