Quote:
Originally Posted by raymor
From 1776 to 2008 the US racked up $10 trillion in debt.
Just three years later, it's $17 trillion.
Not half bad?! He's got each and every one of us tens of thousands of dollars in the hole - about $60,000 per household.
Over the next few years, when you start getting the bills for that $60,000 you now owe, you might feel differently.
(Some calculate $122,00 per household, I gave him the benefit of using the more favorable number.)
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Know what a lot of that debt is from? Putting the wars, medicare part d, etc on the books.