I was checking the Seattle newspaper and saw this. What grabbed me
was the "household's share of the federal debt... $411,000". Wow,
that's our share! That's a lot of money.
I wonder how much of it was borrowed in the last 6 years?
Oh well, maybe this will be of use to someone.
The Debt Bomb
The Fiscal Wakeup Tour--David Walker (Comptroller General of the
U.S.), Bill Bixby (Concord Coalition), Alison Fraser (Heritage
Foundation) and Diane Rogers (Brookings Institution)--meet with the
P-I Editorial Board about the nation's unsustainable fiscal course.
Each household's share of the federal debt burden is $411,000 while
our average salary is about $44,000. This issue isn't just about
money, it is about values and the screwy idea of passing along piles
of debt to the next generation.
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<http://blog.seattlepi.nwsource.com/audio/opinionleaders/davidwalker.mp3?source=mp3link>Listen
now
http://blog.seattlepi.nwsource.com/audio/opinionleaders/davidwalker.mp3?source=mp3link
(52:12, 35.84MB)