U.S. Per Person Debt Now 35 Percent Higher than that of Greece !

According to estimates from the  International Monetary Fund, America’s total government debt will be  $16.8 trillion by the end of the calendar year, compared to $441 billion  for Greece," the Republican side of the Senate Budget Committee explains. "On a per person basis, that means U.S. debt is  $53,400 for every man, woman, and child, compared to $39,400 for every  man, woman, and child in Greece. The disparity between per capita debt in the U.S. and Greece has grown 40 percent (roughly $8,400) since 2011. Now, U.S. per person debt is 35 percent higher  than that of Greece, and is also higher than per capita debt in  Portugal, Italy, or Spain (which together with Greece make up the  so-called PIGS countries)."

Click on the chart for more:

 

(c) The weekly Standard:

http://www.weeklystandard.com/blogs/us-person-debt-now-35-percent-h...

 

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Comment by Ron Schelling on December 5, 2012 at 2:03pm

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