This article addresses the Per Capita Debt calculation of the United States National Debt. As I write this article, the National Debt is approximately $12.1 trillion according to the Treasury Department. According to Census Bureau estimates, there are approximately 115 million households in the United States with a total U.S. population of 308 million.
So using the above figures from the U.S. Government, we can calculate the following per capita debt figures. Read the rest of this entry »