Executive Summary – This data comes from USA today, not involving thin show. In the 2009 the USA took on 6.8 trillion dollars in many debt. The total is now 63.8 trillion dollars. This figure is four times what a typical household your past USA owes on all of their debts including mortgages, credit cards, student loans, car loans, for example. The amount of debt owed per household if we add in estimated debts other than what is owed to the fed we get an estimate of $682,000. If we run a person’s eye on this at say 5%, can be a low estimate for sure, we $34,000 a year and this is interest just with no repayment of head.
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