Tuesday, August 26, 2008

U. S. National Debt Reaches $9.625 Trillion

By Nutmegcollector

U. S. National Debt, the total amount of money owed by the government, is $9.625 trillion as of August 26, 2008.

This is a tremendous amount. Most people cannot comprehend the number. Let’s put it in proper perspective.

The estimated population of the United States is 304,611,616. So each man, woman and child’s share of this debt is about $31,600.

If you had $9.625 trillion $100 notes and spent one every second of every day, it would require 3,051 years for you to go broke.

If you stack 9.625 trillion $1 bills, it would reach 2.78 times higher than the distance to the moon.

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