[nukkad] US public debt

["Dr.M.C. Gupta" <>]

The following is from my archives. It would be interesting to those who want
info related to US recession, and the cause for the same.

M C Gupta
===========================================

http://www.brillig.com/debt_clock/

The Outstanding Public Debt as of 20 Jun 2007 at 03:33:01 PM GMT is:
$ 8 , 8 1 0 , 2 4 8 , 5 6 2 , 9 6 1 . 3 2

The estimated population of the United States is 302,210,657
so each citizen's share of this debt is $29,152.67.

The National Debt has continued to increase an average of
$1.15 billion per day since September 29, 2006!
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http://en.wikipedia.org/wiki/U.S._public_debt

United States public debt, commonly called the national debt, gross
federal debt or U.S. government debt, is the amount of money owed by
the United States federal government to creditors who hold U.S. Debt
Instruments. As of the end of 2006, the total U.S. public debt was
$4.9 trillion. This does not include the money owed by states,
corporations, or individuals, nor does it include the money owed to
Social Security beneficiaries in the future. If intragovernment debt
obligations are included, the debt figure rises to $8.7 trillion. If
unfunded future obligations are added (i.e. Medicare and Social
Security) this figure rises dramatically to a total of $59.1 Trillion
[1]. In 2005 the public debt was 64.7% of GDP. According to the CIA's
World Factbook, this meant that the U.S. public debt was the 35th
largest in the world by percentage of GDP

tv

20 June 2007




-- 
Prof. M C Gupta
MD (Medicine), MPH,  LL.M.,

Advocate & Health and Medico-legal Consultant

mcgupta44@gmail.com
www.writing.com/authors/mcgupta44
http://mcgupta44.blogspot.com/


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