PEN-L
mailing list archive
[ Other Periods
| Other mailing lists
| Search
]
Date:
[ Previous
| Next
]
Thread:
[ Previous
| Next
]
Index:
[ Author
| Date
| Thread
]
Question - US National Debt
Does anyone know of literature where an attempt is made to express the
current magnitude of the US National Debt (and more specifically total
local/central government internal/external debt, and total private
internal/external debt) in comprehensible, meaningful comparisons ?
Doing a rough calculation, I imagine that the US national debt must
currently amount to something in the vicinity of $20,000 dollars for every
man, woman and child living in the USA.
An average wage in the USA would be about $30,000 so, then the average debt
burden per household, based on a standard nuclear family, would currently be
something in the order of two or three year's salary.
What I wanted to get to, was some sort of figure which showed, that in order
to pay off the national debt, every American worker would have to work about
3-5 years for nothing, or at any rate that American citizens were
effectively "borrowing" several years of their life from the rest of the
world.
Thanks,
J.
- Thread context:
- Military Families Speak Out: Campaign to Bring the Troops Home Now,
Yoshie Furuhashi Sun 20 Jul 2003, 06:21 GMT
- yet another giveaway,
Eubulides Sun 20 Jul 2003, 03:39 GMT
- China,
Eubulides Sun 20 Jul 2003, 03:37 GMT
- Degrees of Freedom Fw: Re: Eco-Math,
Eubulides Sun 20 Jul 2003, 03:31 GMT
- Question - US National Debt,
Jurriaan Bendien Sun 20 Jul 2003, 02:01 GMT
- Re: the fed and the yuan,
Eubulides Sat 19 Jul 2003, 23:39 GMT
[ Other Periods
| Other mailing lists
| Search
]