U.S. Treasury Increases Debt Over $200 For Each Household On Black Friday Alone
Bubba Atkinson | On 27, Nov 2012
“You made me promises promises
Knowing I’d believe
You knew you’d never keep”
The day after Thanksgiving, Black Friday, the U.S. Treasury increased the net debt of the U.S. by a casual $24,327,048,384.38. As CNSNews points out, that is $211.69 for each household - all 114,916,000 of them.
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.
Remember when Obama said that Romney’s math just wouldn’t work?
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.
Oops, look what I accidentally posted: