“what is that, like $400000 for each of the 325 million people in the US?”
Strictly speaking, $420,000 for each of the 309.5 million people in the U.S., but +/- 5% surely is close enough for government work.
http://www.census.gov/
Imagine being a U.S. newborn entering the world with this kind of burden on your head. Wouldn’t you be just a tad peeved that mommy/daddy/grandpa/grandma had been so irresponsible in handling the public budget?
420k owed at birth. Just damn.
What is the avg and median lifetime earnings Drc? You seem to have a handle on where these stats are!
“$420,000 for each of the 309.5 million people in the U.S”
Not counting the taxes paid on earnings, and assuming no further increase in debt. Also not including State and local gov. debt..... But hey, who cares? Toy Story 3 opens this weekend.
Go forward blindly fellow Americans!!!