CNS | U.S. Debt Per American Under 18 = $218,676

( – If Americans under the age of 18 were required as a group to pay off  the entirety of the federal government’s debt in equal shares, each  would now need to pay about $218,676.

That is more than the $130,468 average price tag for four years at a  private college or the $173,100 median price for an existing one-family  home in the United States.

During the time Barack Obama has been president, the U.S. government  debt has increased from approximately $143,255 per American under 18 to approximately $218,676 per American under 18–a climb of $75,421 or about 53 percent.

As of Nov. 1, the total national debt was $16,221,685,381,838.28, according to the Bureau of the Public Debt. On  Jan. 20, 2009, when Obama was inaugurated, it was  $10,626,877,048,913.08. Thus, during Obama’s presidency, the U.S.  government debt has increased $5,594,808,332,925.20.


(18853 Posts)

Leave a Reply