Sadly that is the case. US Public debt has increased and in the last
week it has gone up over $1000.
I’m running a weekly debt watch over at my blog. It’s simple mathematics
really: Public Debt as % of latest GDP figures, as well as Public Debt
divided by latest population figures.
Last week, public debt was $6.19 Trillion
This week, public debt was $6.25 Trillion
Last week, public debt/GDP was 43.32%
This week, public debt/GDP was 43.73%
Last week, public debt per person was $20,264.04
This week, public debt per person was $21,378.59
All figures sourced from latest figures:
Public debt is sourced from http://www.treasurydirect.gov
GDP is 2008 Q2 – $14.29 Trillion – sourced from http://www.bea.gov
US Population is 305,449,862 – sourced from http://www.census.gov
Intergovernmental debt is not included in these figures (unlike the