Katablog, a political kat
Home  Admin Login
Monday, 21 January 2013
Americans: You Are in Debt Over Your Head
We often discuss the $16.4 Trillion debt wracked up by the United States Government. Perhaps this information will bring it a little closer to home.
The new federal debt accumulated in Obama's first term equaled approximately $50,521 for each of household in the country.
That means that each household now owes $142,997 for the bills incurred by the US Government in addition to their own personal debt.

Now think about the real US median household income which is $50,054 for 2012, down from $62,273 in 2010 and 2011. Yep, the average household lost $12,000 in earnings while taking on $50,000 more in government created debt!

So folks, how is government working for you?
Posted By P.Brown at 2:32 PM in Category:Life
Replies
No replies yet.
sun mon tue wed thu fri sat
    1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

The Latest Posts!
Categories
Search
Bookmarks
Syndicate This Site
Blog Flux Directory
Add to Technorati Favorites
Politics Blogs - Blog Top Sites

Copyright 2006-2011
Brown Holdings LLC,
All rights reserved.