Whoppee!!! Let's Party Like There's No Tomorrow

[Gravitymaster 0]

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CNSNews.com) - The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation’s 114,916,000 households.

At the close of business last Wednesday, according to the Treasury, the national debt was $16,283,161,895,179.85. On Thanksgiving, the Treasury took the day off and did no borrowing. But on Friday, the Treasury increased the debt of the United States to $16,307,488,943,564.23. That was a one-day increase of $24,327,048,384.38.

The Census Bureau estimated that as of September there were approximately 114,916,000 households in the United States. So, the $24,327,048,384.38 that the Treasury borrowed on Friday equaled about $211.69 per household.

Friday was also the first time in the history of the United States that the debt has topped $16.3 trillion.

When President Barack Obama first took office on Jan. 20, 2009, the national debt stood at $10,626,877,048,913.08. Since then, it has increased by $5,680,611,894,651.15.

That means that since Obama has been president, the national debt has increased by about $49,432.73 per household

How much did YOU spend on Black Friday?

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A little under $100 in groceries.

quade -
The World's Most Boring Skydiver

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A little under $100 in groceries.

Right..$311.69.

[CarpeDiem3 0]

Not to worry, our grandchildren can pay for it. What's important is that we get everything we want, right now, for free! Whoohoo!

What a lesson for our children, eh? Our parents sacrificed so that we could have a better life. And now we take that sacrifice and waste it, so that our own children will have a worse life.

I hope that we DO go over the so-called "fiscal cliff". This country needs a wakeup call.