Archive for August 17th, 2012

The Household Burden of the National Debt

Friday August 17th, 2012   •   Posted by Craig Eyermann at 8:50am PDT   •   6 Comments

On 15 August 2008, the total U.S. public debt outstanding was just over $9.6 trillion (or if you’re a stickler for accuracy, $9,606,975,957,798.46). Four years later, on 15 August 2012, the total public debt outstanding for the United States had risen to just over $15.9 trillion (or rather, $15,919,488,010,442.70). In four years then, the…
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