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debt | Contriving

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The US Debt

Mint has a pretty interesting way of visualizing just how much debt the US is in.

We could go on about the trillions of dollars in debt, but numbers that large can feel really abstract. So, let’s take the nation’s spending down to the household scale. The median household pulls in $50,233 per year, the federal government around $3 trillion. Some basic arithmetic will put them in scale.

They include some neat little graphics to help illustrate their points.

It really makes me wonder how much further down the debt road the US can go. It seems like at some point the public has to just cry out “That’s enough!”. Currently the US spends just shy of 10% of it’s annual budget paying the interest on it’s debt!